Income and democracy: Revisiting the evidence

Enrique Moral-Benito and Cristian Bartolucci

Economics Letters, 2012, vol. 117, issue 3, 844-847

Abstract: In an influential paper, Acemoglu et al. (2008) find that the positive correlation between income per capita and the level of democracy across countries vanishes once country-specific effects are accounted for. In this paper, we find evidence of a non-linear effect from income to democracy even after controlling for country-specific effects. In particular, our findings point to the existence of a positive effect only in low-income 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)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176512004971
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Income and democracy: revisiting the evidence (2011)
Working Paper: Income and Democracy: Revisiting the Evidence (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:3:p:844-847

DOI: 10.1016/j.econlet.2012.08.045

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().