Arbeitspapier
Income, democracy, and critical junctures
Acemoglu, Johnson, Robinson, and Yared (2008) document that the cross-country correlation between income per capita and democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non-colonies, as well as within the sample of former colonies. These heterogeneous effects are related to colonial history and early institutions, and are robust to the use of alternative data and estimation techniques.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 7069
- Classification
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Wirtschaft
Capitalist Systems: Political Economy
Economic Development: General
- Subject
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critical junctures
democracy
economic development
income
institutions
modernization hypothesis
Sozialprodukt
Demokratie
Entwicklungsstufe
Kolonialismus
Welt
- Event
-
Geistige Schöpfung
- (who)
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Cervellati, Matteo
Jung, Florian
Sunde, Uwe
Vischer, Thomas
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
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2012
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Cervellati, Matteo
- Jung, Florian
- Sunde, Uwe
- Vischer, Thomas
- Institute for the Study of Labor (IZA)
Time of origin
- 2012