@article{50b28361403b4c91999acf469b8bc9d3,
title = "Income and democracy: Evidence from nonlinear estimations",
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.",
keywords = "Censoring, Democracy, Dynamic panel, Income, Modernization theory",
author = "Jess Benhabib and Alejandro Corvalan and Spiegel, {Mark M.}",
note = "Funding Information: Israel Malkin provided excellent research assistance. We are grateful for comments from an anonymous referee, Stephane Bonhomme, William Easterly, Chris Flynn, Bryan Graham, Bo Honor{\'e} and Adam Przeworski. The views expressed are not necessarily those of the Federal Reserve Board of Governors or the Federal Reserve Bank of San Francisco. Corvalan thanks FONDECYT for support through grant 11121307 . Copyright: Copyright 2013 Elsevier B.V., All rights reserved.",
year = "2013",
month = mar,
doi = "10.1016/j.econlet.2012.12.015",
language = "English (US)",
volume = "118",
pages = "489--492",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier B.V.",
number = "3",
}