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...

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Bibliographic Details
Main Authors: Acemoglu, Daron, Johnson, Simon, Robinson, James A., Yared, Pierre
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Elsevier 2010
Online Access:http://hdl.handle.net/1721.1/55290
https://orcid.org/0000-0003-0908-7491
https://orcid.org/0000-0002-3354-7155