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- Publisher Website: 10.1016/j.jce.2012.05.006
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Article: The impact of income on democracy revisited
Title | The impact of income on democracy revisited |
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Authors | |
Keywords | Democracy Difference-Gmm Income System-Gmm |
Issue Date | 2013 |
Publisher | Academic Press. The Journal's web site is located at http://www.elsevier.com/locate/jce |
Citation | Journal Of Comparative Economics, 2013, v. 41 n. 1, p. 159-169 How to Cite? |
Abstract | This paper revisits the important issue of whether economic development promotes democracy by using the system-GMM method, which is superior to the difference-GMM method when dependent variables (democracy in this paper) are highly persistent over time. With the same data set as that of, we find that the system-GMM estimated coefficient of income per capita is positive and highly statistically significant, in sharp contrast to the difference-GMM results reported by . Furthermore, employing the US and Colombia as an example, we find that much of the difference in democracy across countries can be explained by the corresponding difference in income per capita. © 2012 Association for Comparative Economic Studies. |
Persistent Identifier | http://hdl.handle.net/10722/178077 |
ISSN | 2023 Impact Factor: 2.8 2023 SCImago Journal Rankings: 1.504 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Che, Y | en_US |
dc.contributor.author | Lu, Y | en_US |
dc.contributor.author | Tao, Z | en_US |
dc.contributor.author | Wang, P | en_US |
dc.date.accessioned | 2012-12-19T09:41:48Z | - |
dc.date.available | 2012-12-19T09:41:48Z | - |
dc.date.issued | 2013 | en_US |
dc.identifier.citation | Journal Of Comparative Economics, 2013, v. 41 n. 1, p. 159-169 | en_US |
dc.identifier.issn | 0147-5967 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/178077 | - |
dc.description.abstract | This paper revisits the important issue of whether economic development promotes democracy by using the system-GMM method, which is superior to the difference-GMM method when dependent variables (democracy in this paper) are highly persistent over time. With the same data set as that of, we find that the system-GMM estimated coefficient of income per capita is positive and highly statistically significant, in sharp contrast to the difference-GMM results reported by . Furthermore, employing the US and Colombia as an example, we find that much of the difference in democracy across countries can be explained by the corresponding difference in income per capita. © 2012 Association for Comparative Economic Studies. | en_US |
dc.language | eng | en_US |
dc.publisher | Academic Press. The Journal's web site is located at http://www.elsevier.com/locate/jce | en_US |
dc.relation.ispartof | Journal of Comparative Economics | en_US |
dc.subject | Democracy | en_US |
dc.subject | Difference-Gmm | en_US |
dc.subject | Income | en_US |
dc.subject | System-Gmm | en_US |
dc.title | The impact of income on democracy revisited | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lu, Y: xzhongkanson@business.hku.hk | en_US |
dc.identifier.email | Tao, Z: ztao@hku.hk | en_US |
dc.identifier.authority | Lu, Y=rp01081 | en_US |
dc.identifier.authority | Tao, Z=rp01097 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1016/j.jce.2012.05.006 | en_US |
dc.identifier.scopus | eid_2-s2.0-84875274045 | en_US |
dc.identifier.hkuros | 218138 | - |
dc.identifier.isi | WOS:000317254000012 | - |
dc.publisher.place | United States | en_US |
dc.identifier.scopusauthorid | Che, Y=55249449900 | en_US |
dc.identifier.scopusauthorid | Lu, Y=54901610300 | en_US |
dc.identifier.scopusauthorid | Tao, Z=7201884505 | en_US |
dc.identifier.scopusauthorid | Wang, P=54941860600 | en_US |
dc.identifier.citeulike | 10728445 | - |
dc.identifier.issnl | 0147-5967 | - |