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dc.contributor.authorGundlach, Erichen
dc.contributor.authorPaldam, Martinen
dc.date.accessioned2009-01-28T14:36:59Z-
dc.date.available2009-01-28T14:36:59Z-
dc.date.issued2008-
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1410en
dc.subject.jelO1en
dc.subject.jelB25en
dc.subject.ddc330en
dc.subject.keywordDemocracyen
dc.subject.keywordUnified growth theoryen
dc.subject.keywordBiogeographyen
dc.subject.keywordLong-run growthen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwWachstumstheorieen
dc.subject.stwDemokratisierungen
dc.subject.stwEvolutionsökonomiken
dc.subject.stwÖkonomische Theorie der Demokratieen
dc.titleA farewell to critical junctures: Sorting out long-run causality of income and democracy-
dc.typeWorking Paperen
dc.identifier.ppn560698240en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1410en

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