Income and Democracy: Revisiting the Evidence

Enrique Moral-Benito and Cristian Bartolucci

No 204, Carlo Alberto Notebooks from Collegio Carlo Alberto

Abstract: It is well-known in the literature that income per capita is strongly correlated with the level of democracy across countries. In an influential paper, Acemoglu et al. (2008) find that this linear correlation disappears once they control for country-specific effects focusing on within-country variation. In this paper we find evidence of a non-linear effect from income to democracy even after controlling for country-specific effects. While a positive effect emerges for poor countries, this effect vanishes for rich countries.

Keywords: Democracy; Income; Lipset hypothesis; panel data (search for similar items in EconPapers)
JEL-codes: C23 D72 E21 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2011
New Economics Papers: this item is included in nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Income and democracy: Revisiting the evidence (2012)
Working Paper: Income and democracy: revisiting the evidence (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:cca:wpaper:204

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