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dc.contributor.authorGundlach, Erichen_US
dc.contributor.authorPaldam, Martinen_US
dc.date.accessioned2008-10-24en_US
dc.date.accessioned2009-04-09T07:48:12Z-
dc.date.available2009-04-09T07:48:12Z-
dc.date.issued2008en_US
dc.identifier.citationKiel working paper 1458 Kiel Inst. for the World Economy, Kielen_US
dc.identifier.urihttp://hdl.handle.net/10419/24852-
dc.description.abstractAcemoglu, 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.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKiel working paper 1458en_US
dc.subject.jelD72en_US
dc.subject.jelO43en_US
dc.subject.ddc330en_US
dc.subject.keywordDemocracyen_US
dc.subject.keywordmodernization hypothesisen_US
dc.subject.keywordfixed-effects estimationen_US
dc.subject.stwEinkommenen_US
dc.subject.stwSozialprodukten_US
dc.subject.stwDemokratieen_US
dc.subject.stwSchätztheorieen_US
dc.titleIncome and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)en_US
dc.typeWorking Paperen_US
dc.identifier.ppn583645879en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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