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来源类型Working Paper
规范类型报告
DOI10.3386/w16832
来源IDWorking Paper 16832
Reestablishing the Income-Democracy Nexus
Jess Benhabib; Alejandro Corvalan; Mark M. Spiegel
发表日期2011-02-25
出版年2011
语种英语
摘要A number of recent empirical studies have cast doubt on the "modernization theory" of democratization, which posits that increases in income are conducive to increases in democracy levels. This doubt stems mainly from the fact that while a strong positive correlation exists between income and democracy levels, the relationship disappears when one controls for country fixed effects. This raises the possibility that the correlation in the data reflects a third causal characteristic, such as institutional quality. In this paper, we reexamine the robustness of the income-democracy relationship. We extend the research on this topic in two dimensions: first, we make use of newer income data, which allows for the construction of larger samples with more within-country observations. Second, we concentrate on panel estimation methods that explicitly allow for the fact that the primary measures of democracy are censored with substantial mass at the boundaries, or binary censored variables. Our results show that when one uses both the new income data available and a properly non linear estimator, a statistically significant positive income-democracy relationship is robust to the inclusion of country fixed effects.
主题Development and Growth ; Development ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w16832
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574506
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Jess Benhabib,Alejandro Corvalan,Mark M. Spiegel. Reestablishing the Income-Democracy Nexus. 2011.
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