Reevaluating the modernization hypothesis

We revisit and critically reevaluate the widely accepted modernization hypothesis which claims that per capita income causes the creation and the consolidation of democracy. Existing studies find support for this hypothesis because they fail to control for the presence of omitted variables. Controll...

Full description

Bibliographic Details
Main Authors: Acemoglu, Daron (Contributor), Johnson, Simon (Contributor), Robinson, James A. (Author), Yared, Pierre (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor), Sloan School of Management (Contributor)
Format: Article
Language:English
Published: Elsevier, 2010-05-26T19:05:13Z.
Subjects:
Online Access:Get fulltext