Income and democracy

Evidence from nonlinear estimations

Jess Benhabib, Alejandro Corvalan, Mark M. Spiegel

    Research output: Contribution to journalArticle

    Abstract

    We test the relation between income and democracy during the postwar period. We employ panel estimation methods that explicitly allow for the fact that the primary measures of democracy are censored with substantial mass at the boundaries. We find that the statistically significant positive income-democracy relationship is robust to the inclusion of country fixed effects.

    Original languageEnglish (US)
    Pages (from-to)489-492
    Number of pages4
    JournalEconomics Letters
    Volume118
    Issue number3
    DOIs
    StatePublished - Mar 2013

    Fingerprint

    Income
    Nonlinear estimation
    Democracy
    Inclusion
    Fixed effects
    Panel estimation

    Keywords

    • Censoring
    • Democracy
    • Dynamic panel
    • Income
    • Modernization theory

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Finance

    Cite this

    Income and democracy : Evidence from nonlinear estimations. / Benhabib, Jess; Corvalan, Alejandro; Spiegel, Mark M.

    In: Economics Letters, Vol. 118, No. 3, 03.2013, p. 489-492.

    Research output: Contribution to journalArticle

    Benhabib, J, Corvalan, A & Spiegel, MM 2013, 'Income and democracy: Evidence from nonlinear estimations', Economics Letters, vol. 118, no. 3, pp. 489-492. https://doi.org/10.1016/j.econlet.2012.12.015
    Benhabib, Jess ; Corvalan, Alejandro ; Spiegel, Mark M. / Income and democracy : Evidence from nonlinear estimations. In: Economics Letters. 2013 ; Vol. 118, No. 3. pp. 489-492.
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