Replication data for: Income and Democracy: Comment
Principal Investigator(s): View help for Principal Investigator(s) Matteo Cervellati; Florian Jung; Uwe Sunde; Thomas Vischer
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| AER2012-1569_data_replication | 10/11/2019 09:51:PM | ||
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text/plain | 14.6 KB | 10/11/2019 05:51:PM |
Project Citation:
Cervellati, Matteo, Jung, Florian, Sunde, Uwe, and Vischer, Thomas. Replication data for: Income and Democracy: Comment. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112739V1
Project Description
Summary:
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Acemoglu et al. (2008) document that the correlation between
income per capita and democracy disappears when including time
and country fixed effects. While their results are robust for the full
sample, we find evidence for significant but heterogeneous effects of
income on democracy: negative for former colonies, but positive for
non-colonies. Within the sample of colonies we detect heterogeneous
effects related to colonial history and early institutions. The zero
mean effect estimated by Acemoglu et al. (2008) is consistent with
effects of opposite signs in the different subsamples. Our findings are
robust to the use of alternative data and estimation techniques.
Scope of Project
JEL Classification:
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D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
O17 Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O47 Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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