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Income and Democracy :, Lipset's Law Revisited, Anke Hoeffler, Robert H. Bates, Ghada Fayad

We revisit Lipset‘s law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its resource and non-resource components, we find that the coefficient on the latter is positive and significant while that on the former is significant but negative, indicating that the role of resource income is central to the result
Table Of Contents
Cover; Contents; Introduction; I. Additional Background; II. Data and Methods; A. Data; Figures; 1. Democracy and Income Global Averages, 1960-2008; 2. Regional Average Polity Scores, 1960-2008; B. Methods; Tables; 1. Granger Causality Test; III. Estimation and Results; 2. Reproducing AJRY with Pooled OLS and Fixed Effects; Annual Data 1960-2000; 3. Augmented PMG Estimation; Overall Sample (N=105); 1955-2007; 4. Pooled Error Correction Model by OLS With Country and Year Fixed Effects on the PMG Sample (1960-2007; N=105)Granger Causality Test; IV. Digging Deeper
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
Form Of Item

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