IDEAS home Printed from https://ideas.repec.org/a/taf/japsta/v50y2023i7p1635-1649.html
   My bibliography  Save this article

Income and democracy: a bivariate copula approach

Author

Listed:
  • Suzanna-Maria Paleologou

Abstract

We propose a new approach for exploring the relationship between income and democracy by modeling the two most popular discrete democracy indexes, Polity IV and Freedom House, as a joint random variable by means of a copula function. Joint modeling is crucial for eliciting complementarity and/or substitutability amongst these indexes claiming to measure similar things, i.e. a country’s degree of democratization. We find strong evidence supporting both the existence of the relationship and the positive dependence between the two democracy indexes, suggesting that they are complements to each other. Our findings are robust to different samples and model specifications.

Suggested Citation

  • Suzanna-Maria Paleologou, 2023. "Income and democracy: a bivariate copula approach," Journal of Applied Statistics, Taylor & Francis Journals, vol. 50(7), pages 1635-1649, May.
    • Handle: RePEc:taf:japsta:v:50:y:2023:i:7:p:1635-1649
    DOI: 10.1080/02664763.2022.2055749
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02664763.2022.2055749
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02664763.2022.2055749?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:japsta:v:50:y:2023:i:7:p:1635-1649. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJAS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.