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Political Economy of Infrastructure Investment: A Spatial Approach

Meagher, Kieron; Ghosh, Arghya - Econometric Society - 2004

The importance of infrastructure for growth is well established in the macroeconomic literature. Previous research has treated public investment in infrastructure as exogenous. We remedy this shortcoming by providing a political economy analysis of infrastructure choice based upon consumer...

Persistent link: https://www.econbiz.de/10005702622

School Choice, Incentives, and Academic Outcomes: Evidence from Chile

Gallego, Francisco A. - Econometric Society - 2004

This paper examines the effects of inter-school competition on student outcomes by using exogenous variation in the availability of private schools in Chile. Given that naïve estimates of the effects of competition on student outcomes are biased by endogenous entry of schools, this paper uses...

Persistent link: https://www.econbiz.de/10005328880

Why Is There No Harvard Among Japanese Private Universities?

Naoi, Michio; Akabayashi, Hideo - Econometric Society - 2004

. We argue that heavy subsidy and the low tuition of national universities determined by the central government are both … simulations based on a theoretical model of assignment of heterogeneous students and universities with respect to tuition and … low tuition and heavy subsidy policy of national university. Using the cross-section data of all universities in Japan, we …

Persistent link: https://www.econbiz.de/10005130239

Should Educational Policies Be Regressive?

Moreira, Humberto; Gottlieb, Daniel - Econometric Society - 2004

In this paper, we show that when the government is able to transfer wealth between generations, regressive policies are no longer optimal. The optimal educational policy can be decentralized through appropriate Pigouvian taxes and credit provision, is not regressive, and provides equality of...

Persistent link: https://www.econbiz.de/10005063731

On the Costs and Benefits of a Mixed Educational Regime

Tanaka, Ryuichi - Econometric Society - 2004

tuition-financed private schools coexist. In the model, households are not allowed to borrow for education, but have a choice …

Persistent link: https://www.econbiz.de/10005702771

The Pivotal Voter Model: Evidence from Texas Liquor Referenda

Moro, Andrea; Coate, Stephen; Conlin, Michael - Econometric Society - 2004

out of sample performance of the model. Finally, we compare the performance of the model with alternative voting models …

Persistent link: https://www.econbiz.de/10005702685

Equity and Achievement in the Chilean School Choice Experience

Ostoic, Carolina; Mizala, Alejandra; Romaguera, Pilar - Econometric Society - 2004

The aim of this paper is to analyze, using a hierarchical linear model, the degree to which a system of choice, as the one implemented in Chile since the beginning of the 80â€™s, can promote student achievement and equity in the social distribution of achievement. Using data from a...

Persistent link: https://www.econbiz.de/10005328850

The Dynamic Reform of Political Institutions

Lagunoff, Roger - Econometric Society - 2004

This paper formulates a model of dynamic, endogenous reform of political institutions. Specifically, a class of dynamic political games (DPGs) is introduced in which institutional choice is both recursive and instrumental. It is recursive because future political institutions are decided under...

Persistent link: https://www.econbiz.de/10005328876

Voting Leaders and Voting Participation

Martinelli, Cesar; Herrera, Helios; Levine, David K. - Econometric Society - 2004

We model electoral competition between two parties in a winner take all election. Parties choose strategically first their platforms and then their campain spending under aggregate uncertainty about voters' preferences. In the unique Nash equilibrium larger elections are characterized by a...

Persistent link: https://www.econbiz.de/10005328928

Lines in the Sand on the Australian Political Beach

Fry, Tim R.L.; Davidson, Sinclair; Farrell, Lisa - Econometric Society - 2004

Spatial models of voting behaviour are the dominant paradigm in political science. Consistent with this approach, it … question is how we measure nearness or distance. We investigate this issue by estimating discrete choice models for voting … almost as good a predictor of their voting outcome as how close they are to the parties …

Persistent link: https://www.econbiz.de/10005342137