Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/4247
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGundlach, Erichen_US
dc.contributor.authorPaldam, Martinen_US
dc.date.accessioned2009-01-28T14:36:59Z-
dc.date.available2009-01-28T14:36:59Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/4247-
dc.description.abstractWe consider the empirical relevance of two opposing hypotheses on the causality between income and democracy: The Democratic Transition hypothesis claims that rising incomes cause a transition to democracy, whereas the Critical Junctures hypothesis denies this causal relation. Our empirical strategy is motivated by Unified Growth Theory, which hypothesizes that the present international income differences have roots in the prehistoric past. Thus, we use prehistoric measures of biogeography as instruments for modern income levels, and find a large long-run causal effect of income on the degree of democracy. This result rejects the Critical Junctures hypothesis, which is an important part of the Primacy of Institutions view.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKieler Arbeitspapiere |x1410en_US
dc.subject.jelO1en_US
dc.subject.jelB25en_US
dc.subject.ddc330-
dc.subject.keywordLong-run growthen_US
dc.subject.keywordDemocracy-
dc.subject.keywordUnified growth theory-
dc.subject.keywordBiogeography-
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwWachstumstheorieen_US
dc.subject.stwDemokratisierungen_US
dc.subject.stwEvolutionsökonomiken_US
dc.subject.stwÖkonomische Theorie der Demokratieen_US
dc.titleA farewell to critical junctures: Sorting out long-run causality of income and democracyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn560698240en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:1410-

Files in This Item:
File
Size
54.38 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.