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Persistent link: https://www.econbiz.de/10001905375
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Using data on authorizations from the 2005 Highway Bill, we show that the legislative allocation of pork barrel spending by U.S. state (measured by the value of transportation earmarks per capita) greatly favors smaller states. We exploit the difference between two versions of the bill: the...
Persistent link: https://www.econbiz.de/10010698759
Using Monte Carlo simulations, this paper evaluates the bias properties of common estimators used in growth regressions derived from the Solow model. We explicitly allow for measurement error in the right-hand side variables, as well as country-specific effects that are correlated with the...
Persistent link: https://www.econbiz.de/10005601536
Persistent link: https://www.econbiz.de/10008282170
Using Monte Carlo simulations, this paper evaluates the bias properties of common estimators used in growth regressions derived from the Solow model. We explicitly allow for measurement error in the right-hand side variables, as well as country-specific effects that are correlated with the...
Persistent link: https://www.econbiz.de/10012468465