Resource title

Income and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)

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image for OpenScout resource :: Income and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)

Resource description

Acemoglu, Johnson, Robinson, and Yared (2008) demonstrate that estimation of the standard adjustment model with country-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their empirical approach must produce insignificant income effects and that a small change in the estimation process immediately reveals the strong effect of income on democracy.

Resource author

Erich Gundlach, Martin Paldam

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24852

Resource license

Adapt according to the presented license agreement and reference the original author.