Gassebner, Martin; Lamla, Michael J.; Vreeland, James … - KOF Swiss Economic Institute, Department of Management, … - 2009
There are many stories of democracy but little consensus over which variables robustly determine its emergence and … million regressions. The most robust determinants of the transition to democracy are GDP growth (a negative eect), past … countries are less likely to see democracy emerge, although the latter finding is driven entirely by oil producing Muslim …