Cervellati, Matteo; Jung, Florian; Sunde, Uwe; Vischer, … - Institute for the Study of Labor (IZA) - 2012
Acemoglu, Johnson, Robinson, and Yared (2008) document that the cross-country correlation between income per capita and … democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on … framework provides evidence for significant but heterogeneous effects of income on democracy for former colonies and non …