We revisit one of the central empirical findings of the pohtical economy literature that higher hicome per capita causes democracy. Existing studies estabUsh a strong cross-country correlation between income and democracy, but do not tjqaically control for factors that simultaneously affect both variables. We show that controlling for such factors by including country fixed effects removes the ...

The relationship between per capita income and a number of pollution indicators has been found to display an inverted U-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given income levels (direct effect) and by reducing per capita income (indirect effect). The total effect is ambiguous a priori. Using cross section data f...

Damage due to tropical cyclones accounts formore than 50%of allmeteorologically-induced economic losses worldwide. Their nominal impact is projected to increase substantially as the exposed population grows, per capita income increases, and anthropogenic climate changemanifests. So far, historical losses due to tropical cyclones have been found to increase less than linearly with a nation’s aff...

Multi-dimensional poverty index is an international measure of acute poverty covering over 104 countries. As everyone knows that Poverty is measured as a single dimensional index such as income. But income alone misses a lot because India is growing fast in economic perspective but health, education and living standard not improved yet. It is the fact that India’s per capita income lies in one ...