Income and demo-cracy外文翻译.pdfVIP

American Economic Review 2008, 98:3, 808–842 /articles.php?doi=10.1257/aer.98.3.808 Income and Democracy By Daron Acemoglu, Simon Johnson, James A. Robinson, and Pierre Yared* Existing studies establish a strong cross-country correlation between income and democracy but do not control for factors that simultaneously affect both variables. We show that controlling for such factors by including country fixed effects removes the statistical associatio