Titelangaben
    
    Heid, Benedikt ; Langer, Julian ; Larch, Mario:
Income and Democracy : Evidence from System GMM Estimates.
  
   
    
    In: Economics Letters.
      
      Bd. 116
      
      (2012)
       Heft  2
    .
     - S. 166-169.
    
    
ISSN 0165-1765
    
    
      
DOI: https://doi.org/10.1016/j.econlet.2012.02.009
    
    
    
     
  
  
Abstract
Does higher income cause democracy? Accounting for the dynamic nature and high persistence of income and democracy, we find a statistically significant positive relation between income and democracy for a postwar period sample of up to 150 countries. Our results are robust across different measures of democracy and instrumentation strategies.
 
        
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