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This paper is concerned with the problem of estimating the demand for health care with panel data. A random effects model is specified within a semiparametric Bayesian approach using a Dirichlet process prior. This results in a very flexible distribution for both the random effects and the count...
Persistent link: https://www.econbiz.de/10005442653
A message coming out of the recent Bayesian literature on cointegration is that it is important to elicit a prior on the space spanned by the cointegrating vectors (as opposed to a particular identified choice for these vectors). In previous work, such priors have been found to greatly...
Persistent link: https://www.econbiz.de/10008583025
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This paper studies the socio-economic and demographic determinants of crime in Spain. We estimate a crime equation using a panel dataset of Spanish provinces from 1993 to 1999 and applying the GMM-system estimator. Results indicate that lagged crime rate, clearance rate, urbanisation rate and...
Persistent link: https://www.econbiz.de/10005485942
This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream views. The book takes a comprehensive interdisciplinary approach, drawing on economic elements in the fields of philosophy, sociology,...
Persistent link: https://www.econbiz.de/10011178565
In this article, we combine data from the housing market with data from a victimization survey to estimate the effect of crime perception on housing prices in the City of Barcelona from 2004 to 2006. Using dwelling data and a hedonic price model (using both OLS and quantile regressions), in the...
Persistent link: https://www.econbiz.de/10010994345
The aim of this study is twofold. First, the determinants of economic growth are studied among a wide set of potential variables for the Spanish provinces (NUTS3). Among others, various types of private, public and human capital in the group of growth factors are included. Also, it is analysed...
Persistent link: https://www.econbiz.de/10005643864
We investigate the effects of civic norms and associational networks on crime rates. Civic norms may attach guilt and shame to criminal behavior, thus increasing its opportunity cost. Associational networks may increase returns to noncriminal activities and raise detection probabilities, but...
Persistent link: https://www.econbiz.de/10005834362