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dc.contributor.authorChun, Natalie
dc.contributor.authorHasan, Rana
dc.contributor.authorRahman, Muhammad Habibur
dc.contributor.authorUlubaşoğlu, Mehmet A
dc.date.accessioned2020-08-20T07:45:14Z
dc.date.available2020-08-20T07:45:14Z
dc.date.issued2016
dc.identifier.citationChun, N. and Hasan, R. and Rahman, M.H. and Ulubaşoğlu, M.A. 2016. The role of middle class in democratic diffusion. International Review of Economics & Finance. 42: pp. 536-548.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/80694
dc.identifier.doi10.1016/j.iref.2015.10.021
dc.description.abstract

© 2015 Elsevier Inc.

The modernization hypothesis and the democratic domino theory have been at the forefront in explaining the democratization around the globe. This paper empirically investigates the ‘middle class-driven modernization’ hypothesis and the ‘middle class-driven democratic domino’ effect in a panel of 145 countries over the period 1985 to 2013. Using several middle class measures and a dynamic panel estimator, we show that the ‘middle class-driven modernization’ hypothesis finds strong empirical support in the sample of developing countries excluding Eastern Europe and Central Asia, while the ‘middle class-driven democratic domino’ effect finds support in the sample of developing countries excluding East Asia and the Pacific.

dc.languageEnglish
dc.publisherELSEVIER
dc.relation.urihttp://www.sciencedirect.com/science/article/pii/S1059056015001719
dc.subjectSocial Sciences
dc.subjectBusiness, Finance
dc.subjectEconomics
dc.subjectBusiness & Economics
dc.subjectMiddle class
dc.subjectModernization hypothesis
dc.subjectSpatial domino theory
dc.subjectDemocracy
dc.subjectECONOMIC-DEVELOPMENT
dc.subjectINCOME-DISTRIBUTION
dc.subjectPANEL-DATA
dc.subjectINEQUALITY
dc.subjectPOLITICS
dc.subjectPOVERTY
dc.titleThe role of middle class in democratic diffusion
dc.typeJournal Article
dcterms.source.volume42
dcterms.source.startPage536
dcterms.source.endPage548
dcterms.source.issn1059-0560
dcterms.source.titleInternational Review of Economics & Finance
dc.date.updated2020-08-20T07:45:14Z
curtin.departmentSchool of Economics, Finance and Property
curtin.accessStatusFulltext not available
curtin.facultyFaculty of Business and Law
curtin.contributor.orcidRahman, Muhammad Habibur [0000-0002-8493-3873]
curtin.contributor.researcheridRahman, Muhammad Habibur [N-5154-2016]
dcterms.source.eissn1873-8036


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