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It has been suggested that …scal federalism is a good way to induce decentralized entities to behave parsimoniously, but this has been largely criticized in the literature, in particular because of the Common-Pool problem. In this paper, we present an extra facet of the latter problem. We...
Persistent link: https://www.econbiz.de/10005126001
The aim of this paper is to test if electoral systems and human development are linked. Using high quality data and very simple panel data econometric techniques, we show that electoral systems play a critical role in explaining the difference in the levels of human development between...
Persistent link: https://www.econbiz.de/10005062469
When dealing with the presence of outliers in a dataset, the problem of choosing between the classical ordinary least squares and robust regression methods is sometimes addressed inadequately. In this article, we propose using a Hausman-type test to determine whether a robust S- estimator is...
Persistent link: https://www.econbiz.de/10005119155