Consider the Acemoglu et al. (2005) dynamic democracy equation. Replicate all the estimation results in Table 1
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Consider the Acemoglu et al. (2005) dynamic democracy equation. Replicate all the estimation results in Table 1 of Acemoglu et al. (2005). Check the sensitivity of these results to running system GMM rather than Arellano and Bond GMM using xtabond2, see Bobba and Coviello (2007)? Does the use of robust standard errors using the Windmeijer (2005) small sample correction change the significance of these coefficients?
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