Income and Democracy: Lipset's Law Revisited

WP/12/295

Nopic
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... READ MORE...

Publication date: December 2012
ISBN 9781475596649
$18.00

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Publication date: December 2012

English