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dc.contributor.authorGundlach, Erichen
dc.contributor.authorPaldam, Martinen
dc.date.accessioned2008-10-24-
dc.date.accessioned2009-04-09T07:48:12Z-
dc.date.available2009-04-09T07:48:12Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1458en
dc.subject.jelD72en
dc.subject.jelO43en
dc.subject.ddc330en
dc.subject.keywordDemocracyen
dc.subject.keywordmodernization hypothesisen
dc.subject.keywordfixed-effects estimationen
dc.subject.stwEinkommenen
dc.subject.stwSozialprodukten
dc.subject.stwDemokratieen
dc.subject.stwSchätztheorieen
dc.titleIncome and democracy: a comment on Acemoglu, Johnson, Robinson, and Yared (2008)-
dc.typeWorking Paperen
dc.identifier.ppn583645879en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1458en

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