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Population size and the size of government
Krieger, Tim; Meierrieks, Daniel - 2019
We examine the effect of population size on government size for a panel of 130 countries for the period between 1970 and 2014. We show that previous analyses of the nexus between population size and government size are incorrectly specified and fail to consider the influence of cross-sectional...
Persistent link: https://www.econbiz.de/10012018265
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Trends and Patterns of Growth, Development, Achievements of China and India: A Comparative Analysis
Bhattacharyay, Biswa Nath; Bhattacharyay, Madhurima - 2016
as growth models have been different. The major objective of this paper is to compare the policies, institutions … terms of trends and patterns of growth and development, economic models, sources and drivers of growth; achievements …
Persistent link: https://www.econbiz.de/10011451414
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Regional inequality and internal conflict
Lessmann, Christian - 2013
This paper studies the influence of interregional inequality within countries on internal con-flicts. Regional inequalities are measured by the population-weighted coefficient of variation of regional GDP per capita. As the main innovation, I use a panel data set of country-level re- gional...
Persistent link: https://www.econbiz.de/10010291665
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Measuring Uncertainty of a Combined Forecast and Some Tests for Forecaster Heterogeneity
Lahiri, Kajal; Peng, Huaming; Sheng, Xuguang - 2015
We have argued that from the standpoint of a policy maker, the uncertainty of using the average forecast is not the variance of the average, but rather the average of the variances of the individual forecasts that incorporate idiosyncratic risks. With a slight reformulation of the loss function...
Persistent link: https://www.econbiz.de/10011307129
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Panel Data Gravity Models of International Trade
Baltagi, Badi H.; Egger, Peter; Pfaffermayr, Michael - 2014
empirical models specified and estimated are often referred to as gravity models, accruing to their functional-form similarity … to Newton's law of gravity in physics. As Newton's model, gravity models of international trade or factor flows are (at … structure of the data. This chapter is concerned with a host of issues that arise with the estimation of such models, respecting …
Persistent link: https://www.econbiz.de/10010333385
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Hospital Treatment Rates and Spillover Effects: Does Ownership Matter?
Baltagi, Badi H.; Yen, Yin-Fang - 2014
This paper studies the effect of hospital ownership on treatment rates allowing for spatial correlation among hospitals. Competition among hospitals and knowledge spillovers generate significant externalities which we try to capture using the spatial Durbin model. Using a panel of 2342 hospitals...
Persistent link: https://www.econbiz.de/10010333458
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Fiscal Transfers and Fiscal Sustainability
Potrafke, Niklas; Reischmann, Markus - 2014
We examine whether US and German state governments pursue sustainable fiscal policies taking into account fiscal transfers. Using panel data techniques we investigate whether the debt-to-GDP ratio had a positive influence on the primary surplus (Bohn-model). We show that including/excluding...
Persistent link: https://www.econbiz.de/10010352356
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Polarized Education Levels and Civil War
Canavire-Bacarreza, Gustavo Javier; Jetter, Michael; … - 2016
This paper suggests that societies exhibiting a large degree of educational polarization among its populace are systematically more likely to slip into civil conflict and civil war. Intuitively, political preferences and beliefs of highly educated citizens are likely to differ fundamentally from...
Persistent link: https://www.econbiz.de/10011584966
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The Local Power of the IPS Test with Both Initial Conditions and Incidental Trends
Lahiri, Kajal; Liang, Zhongwen; Peng, Huaming - 2017
This paper investigates the asymptotic local power of the the averaged t-test of Im, Pesaran and Shin (2003, IPS hereafter) in the presence of both initial explosive conditions and incidental trends. By utilizing the least squares detrending methods, it is found that the initial condition plays...
Persistent link: https://www.econbiz.de/10011615868
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Government ideology and monetary policy in OECD countries
Cahan, Dodge; Dörr, Luisa; Potrafke, Niklas - 2019
We examine the extent to which government ideology has influenced monetary policy in OECD countries since the 1970s. In line with important changes in the global economy and differences across countries, regression results yield heterogeneous inferences depending on the time period and the...
Persistent link: https://www.econbiz.de/10012018240