Arbeitspapier
Income and democracy: Evidence from system GMM estimates
Does higher income cause democracy? Accounting for the dynamic nature and highpersistence of income and democracy, we find a statistically significant positive relationbetween income and democracy for a postwar period sample of up to 150 countries. Ourresults are robust across different model specifications and instrument sets.
- Language
-
Englisch
- Bibliographic citation
-
Series: ifo Working Paper ; No. 118
- Classification
-
Wirtschaft
Economic Development: General
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Macroeconomics: Consumption; Saving; Wealth
- Subject
-
Income
democracy
dynamic panel estimators
Sozialprodukt
Demokratie
Demokratisierung
Schätzung
Welt
- Event
-
Geistige Schöpfung
- (who)
-
Heid, Benedikt
Langer, Julian
Larch, Mario
- Event
-
Veröffentlichung
- (who)
-
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
- (where)
-
Munich
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Heid, Benedikt
- Langer, Julian
- Larch, Mario
- ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Time of origin
- 2011
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