Faria, Hugo J.; Montesinos-Yufa, Hugo M.; Morales, Daniel R. - In: Econ Journal Watch 11 (2014) 1, pp. 17-36
An important dimension of the “modernization hypothesis” is the claim that there is a long-run positive relation … between socio-economic development and political democracy. This research strand of the modernization hypothesis, however, has …, we find, in congruence with the modernization hypothesis, that income and education predict democracy. …