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GDP per capita
stands for gross domestic product per capita. Gross domestic product measures the value of all goods and services produced in a country during a specified period, usually one year.
GDP per capita is a country’s gross domestic product divided by the size of the population.
Modernization theory
predicts that democracy is more likely to emerge and survive as countries develop and become richer.
Przeworski’s Survival Story
predicts that democracy is more likely to survive as countries develop and become richer, but it is not more likely to emerge
Sovereign debt
refers to debt that is accrued by the sovereign, that is, the government
A credible commitment problem
or a time-inconsistency problem, occurs when
(a) an actor who makes a promise today may have incentive to renege on that promise in the future
and
(b) power is in the hands of the actor who makes the promise and not in the hands of those expected to benefit from the promise
Political resource curse
countries that rely heavily on revenue from natural resources are unlikely to democratize.
They are also prone to corruption, poor governance, and civil war
Natural resources
are naturally occurring substances that are usually considered valuable, such as oil, diamonds, and minerals
Foreign aid
is aid - in the form of money, food, technical assistance, military weapons, and the like - that people in one country give to another.
This aid can come from national governments, intergovernmental organizations, or private donations.
Dependent variable
is an outcome or thing we want to explain
An independent or explanatory variable
is what we think will explain, or determine the value of, the dependent variable
Significance test
is used to see how likely it is that we’ve identified a real relationship or pattern in our data
Results Table
X is the Coefficient does x affect y and by how much
If there are stars that have statistical effect use
If not stars it does not affect the dependent variable
Ignore the Log-likelihood, number of observations, and Constants in the Result Table 6.5
Scatterplot
Dependent – Y (outcome) Independent – X (cause)
[y=mx + b] – equation for a line
Rise/run is M
Statistical Analysis Primer
´Dataset
´Scatterplot
´Results Table