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́trading activity. Using a panel quantile estimation framework from Powell (2014), we find a stronger relationship at the lower … variables estimation. Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least …There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on …
Persistent link: https://www.econbiz.de/10010513375
´ trading activity. Using a panel quantile estimation framework from Powell (2014), we find a stronger relationship at the lower … variables estimation. Our results demonstrate that the effect of democracy on trade is underestimated using Ordinary Least …There has been a wide debate on whether democracy actually has an effect on economic outcomes, and especially on …
Persistent link: https://www.econbiz.de/10010512988
of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for …
Persistent link: https://www.econbiz.de/10012102930
average effects of 46% higher exports for countries after thirty years in democracy, but demonstrate that these effects are … driven by the democratic dividend for income: the causal chain runs from democracy to economic prosperity to trade, and … democracy appears to have a limited ‘direct’ effect on trade flows. …
Persistent link: https://www.econbiz.de/10015332073
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g., the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis....
Persistent link: https://www.econbiz.de/10014024246
We propose a generalization of the linear quantile regression model to accommodate possibilities afforded by panel data …; Section 2.6). We show that panel data allows the econometrician to (i) introduce dependence between the regressors and the … (NLSY79). Consistent with prior work (e.g., Chamberlain, 1982; Vella and Verbeek, 1998), we find that using panel data to …
Persistent link: https://www.econbiz.de/10010494997
We propose a generalization of the linear quantile regression model to accommodate possibilities afforded by panel data …; Section 2.6). We show that panel data allows the econometrician to (i) introduce dependence between the regressors and the … (NLSY79). Consistent with prior work (e.g., Chamberlain, 1982; Vella and Verbeek, 1998), we find that using panel data to …
Persistent link: https://www.econbiz.de/10011524832
estimation of unconditional quantile partial effects in a model with correlated random effects. The results show that the impact …
Persistent link: https://www.econbiz.de/10012514927
Panel Smooth Transition Regressions(PSTR). The following findings are established. First, the nexus between economic growth …
Persistent link: https://www.econbiz.de/10015057615
manufacturing enterprises in Germany, one of the leading actors in the world market for goods. We show that the premium decreases …
Persistent link: https://www.econbiz.de/10013139057