Income and democracy :: Lipset's law revisited /
We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita hinder/trig...
Gespeichert in:
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
| Schriftenreihe: | IMF working paper ;
WP/12/295. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its resource and non-resource components, we find that the coefficient on the latter is positive and significant while that on the former is significant but negative, indicating that the role of resource income is central to the result. |
| Beschreibung: | Title from PDF title page (IMF Web site, viewed Dec. 19, 2012). "Middle East and Central Asia Department." "December 2012." |
| Beschreibung: | 1 online resource (26 pages). |
| Bibliographie: | Includes bibliographical references. |
| ISBN: | 9781475539653 1475539657 1475542097 9781475542097 9781475596649 1475596642 |
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| 245 | 1 | 0 | |a Income and democracy : |b Lipset's law revisited / |c prepared by Ghada Fayad, Robert H. Bates, and Anke Hoeffler. |
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| 500 | |a Title from PDF title page (IMF Web site, viewed Dec. 19, 2012). | ||
| 520 | |a We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its resource and non-resource components, we find that the coefficient on the latter is positive and significant while that on the former is significant but negative, indicating that the role of resource income is central to the result. | ||
| 504 | |a Includes bibliographical references. | ||
| 500 | |a "Middle East and Central Asia Department." | ||
| 500 | |a "December 2012." | ||
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| 505 | 0 | |a Cover; Contents; Introduction; I. Additional Background; II. Data and Methods; A. Data; B. Methods; III. Estimation and Results; IV. Digging Deeper; V. Conclusion; References; Tables; 1. Granger Causality Test; 2. Reproducing AJRY with Pooled OLS and Fixed Effects; Annual Data 1960-2000; 3. Augmented PMG Estimation; Overall Sample (N=105); 1955-2007; 4. Pooled Error Correction Model by OLS With Country and Year Fixed Effects on the PMG Sample (1960-2007; N=105)Granger Causality Test; 5. Augmented PMG Estimation; Overall Sample (N=98); 1970-2007; 6. Augmented PMG Estimation. | |
| 505 | 8 | |a Overall Sample (N=102) 1970-2007; Figures; 1. Democracy and Income Global Averages, 1960-2008; 2. Regional Average Polity Scores, 1960-2008; Appendix; Table A; Table B; Table C; Table D; Figure A. | |
| 650 | 0 | |a Income |x Econometric models. | |
| 650 | 0 | |a Democracy |x Economic aspects. | |
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| contents | Cover; Contents; Introduction; I. Additional Background; II. Data and Methods; A. Data; B. Methods; III. Estimation and Results; IV. Digging Deeper; V. Conclusion; References; Tables; 1. Granger Causality Test; 2. Reproducing AJRY with Pooled OLS and Fixed Effects; Annual Data 1960-2000; 3. Augmented PMG Estimation; Overall Sample (N=105); 1955-2007; 4. Pooled Error Correction Model by OLS With Country and Year Fixed Effects on the PMG Sample (1960-2007; N=105)Granger Causality Test; 5. Augmented PMG Estimation; Overall Sample (N=98); 1970-2007; 6. Augmented PMG Estimation. Overall Sample (N=102) 1970-2007; Figures; 1. Democracy and Income Global Averages, 1960-2008; 2. Regional Average Polity Scores, 1960-2008; Appendix; Table A; Table B; Table C; Table D; Figure A. |
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| indexdate | 2024-11-26T14:49:07Z |
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| spelling | Fayad, Ghada, 1981- https://id.oclc.org/worldcat/entity/E39PCjM8prRykrXHytP3PVrJtC http://id.loc.gov/authorities/names/no2010197975 Income and democracy : Lipset's law revisited / prepared by Ghada Fayad, Robert H. Bates, and Anke Hoeffler. [Washington, D.C.] : International Monetary Fund, ©2012. 1 online resource (26 pages). text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF working paper ; WP/12/295 Title from PDF title page (IMF Web site, viewed Dec. 19, 2012). We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its resource and non-resource components, we find that the coefficient on the latter is positive and significant while that on the former is significant but negative, indicating that the role of resource income is central to the result. Includes bibliographical references. "Middle East and Central Asia Department." "December 2012." Print version record. Cover; Contents; Introduction; I. Additional Background; II. Data and Methods; A. Data; B. Methods; III. Estimation and Results; IV. Digging Deeper; V. Conclusion; References; Tables; 1. Granger Causality Test; 2. Reproducing AJRY with Pooled OLS and Fixed Effects; Annual Data 1960-2000; 3. Augmented PMG Estimation; Overall Sample (N=105); 1955-2007; 4. Pooled Error Correction Model by OLS With Country and Year Fixed Effects on the PMG Sample (1960-2007; N=105)Granger Causality Test; 5. Augmented PMG Estimation; Overall Sample (N=98); 1970-2007; 6. Augmented PMG Estimation. Overall Sample (N=102) 1970-2007; Figures; 1. Democracy and Income Global Averages, 1960-2008; 2. Regional Average Polity Scores, 1960-2008; Appendix; Table A; Table B; Table C; Table D; Figure A. Income Econometric models. Democracy Economic aspects. Revenu Modèles économétriques. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh Democracy Economic aspects fast Income Econometric models fast Bates, Robert H. http://id.loc.gov/authorities/names/n79134882 Hoeffler, Anke. http://id.loc.gov/authorities/names/no99016637 International Monetary Fund. Middle East and Central Asia Department. http://id.loc.gov/authorities/names/no2004029012 IMF working paper ; WP/12/295. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=548021 Volltext |
| spellingShingle | Fayad, Ghada, 1981- Income and democracy : Lipset's law revisited / IMF working paper ; Cover; Contents; Introduction; I. Additional Background; II. Data and Methods; A. Data; B. Methods; III. Estimation and Results; IV. Digging Deeper; V. Conclusion; References; Tables; 1. Granger Causality Test; 2. Reproducing AJRY with Pooled OLS and Fixed Effects; Annual Data 1960-2000; 3. Augmented PMG Estimation; Overall Sample (N=105); 1955-2007; 4. Pooled Error Correction Model by OLS With Country and Year Fixed Effects on the PMG Sample (1960-2007; N=105)Granger Causality Test; 5. Augmented PMG Estimation; Overall Sample (N=98); 1970-2007; 6. Augmented PMG Estimation. Overall Sample (N=102) 1970-2007; Figures; 1. Democracy and Income Global Averages, 1960-2008; 2. Regional Average Polity Scores, 1960-2008; Appendix; Table A; Table B; Table C; Table D; Figure A. Income Econometric models. Democracy Economic aspects. Revenu Modèles économétriques. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh Democracy Economic aspects fast Income Econometric models fast |
| title | Income and democracy : Lipset's law revisited / |
| title_auth | Income and democracy : Lipset's law revisited / |
| title_exact_search | Income and democracy : Lipset's law revisited / |
| title_full | Income and democracy : Lipset's law revisited / prepared by Ghada Fayad, Robert H. Bates, and Anke Hoeffler. |
| title_fullStr | Income and democracy : Lipset's law revisited / prepared by Ghada Fayad, Robert H. Bates, and Anke Hoeffler. |
| title_full_unstemmed | Income and democracy : Lipset's law revisited / prepared by Ghada Fayad, Robert H. Bates, and Anke Hoeffler. |
| title_short | Income and democracy : |
| title_sort | income and democracy lipset s law revisited |
| title_sub | Lipset's law revisited / |
| topic | Income Econometric models. Democracy Economic aspects. Revenu Modèles économétriques. BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh POLITICAL SCIENCE Economic Conditions. bisacsh Democracy Economic aspects fast Income Econometric models fast |
| topic_facet | Income Econometric models. Democracy Economic aspects. Revenu Modèles économétriques. BUSINESS & ECONOMICS Economics Macroeconomics. POLITICAL SCIENCE Economic Conditions. Democracy Economic aspects Income Econometric models |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=548021 |
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