Publication
Oct 2008
This paper critically examines a study by Acemoglu et al. on the effect income has on democracy. The authors argue that the empirical approach employed by the researchers must produce insignificant income effects while a small change in the estimation process immediately reveals the strong effect of income on democracy.
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English (PDF, 11 pages, 241 KB) |
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Author | Erich Gundlach, Martin Paldam |
Series | Kiel Institute Working Papers |
Issue | 1458 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2008 Kiel Institute for the World Economy |