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...

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Bibliographic Details
Main Author: Hoeffler, Anke
Other Authors: Bates, Robert H., Fayad, Ghada
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/295
Subjects:
Online Access:Full text available on IMF