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Article: The impact of income on democracy revisited

TitleThe impact of income on democracy revisited
Authors
Che, YLu, YTao, ZWang, P
KeywordsDemocracy
Difference-Gmm
Income
System-Gmm
Issue Date2013
PublisherAcademic 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?
DOI: http://dx.doi.org/10.1016/j.jce.2012.05.006
AbstractThis 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 Identifierhttp://hdl.handle.net/10722/178077
ISSN
0147-5967
2021 Impact Factor: 2.429
2020 SCImago Journal Rankings: 1.817
ISI Accession Number ID
WOS:000317254000012

 

DC FieldValueLanguage
dc.contributor.authorChe, Yen_US
dc.contributor.authorLu, Yen_US
dc.contributor.authorTao, Zen_US
dc.contributor.authorWang, Pen_US
dc.date.accessioned2012-12-19T09:41:48Z-
dc.date.available2012-12-19T09:41:48Z-
dc.date.issued2013en_US
dc.identifier.citationJournal Of Comparative Economics, 2013, v. 41 n. 1, p. 159-169en_US
dc.identifier.issn0147-5967en_US
dc.identifier.urihttp://hdl.handle.net/10722/178077-
dc.description.abstractThis 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.languageengen_US
dc.publisherAcademic Press. The Journal's web site is located at http://www.elsevier.com/locate/jceen_US
dc.relation.ispartofJournal of Comparative Economicsen_US
dc.subjectDemocracyen_US
dc.subjectDifference-Gmmen_US
dc.subjectIncomeen_US
dc.subjectSystem-Gmmen_US
dc.titleThe impact of income on democracy revisiteden_US
dc.typeArticleen_US
dc.identifier.emailLu, Y: xzhongkanson@business.hku.hken_US
dc.identifier.emailTao, Z: ztao@hku.hken_US
dc.identifier.authorityLu, Y=rp01081en_US
dc.identifier.authorityTao, Z=rp01097en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1016/j.jce.2012.05.006en_US
dc.identifier.scopuseid_2-s2.0-84875274045en_US
dc.identifier.hkuros218138-
dc.identifier.isiWOS:000317254000012-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridChe, Y=55249449900en_US
dc.identifier.scopusauthoridLu, Y=54901610300en_US
dc.identifier.scopusauthoridTao, Z=7201884505en_US
dc.identifier.scopusauthoridWang, P=54941860600en_US
dc.identifier.citeulike10728445-
dc.identifier.issnl0147-5967-

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