Showing 1 - 10 of 26
We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10011405138
We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices … produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …
Persistent link: https://www.econbiz.de/10011966711
We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices … produces upward-biased OLS and 2SLS estimates. The results of an analysis of the effect of democracy on economic growth show …
Persistent link: https://www.econbiz.de/10012018171
We present a simple model that illustrates how democracy may improve the quality of economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect … of democracy on institutional quality is increasing in people's human capital. Using a new panel data set, covering 140 …
Persistent link: https://www.econbiz.de/10012099069
We present a novel approach for measuring democracy based on Support Vector Machines, a mathematical algorithm for … pattern recognition. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0-1-interval and enables a … very detailed measurement of democracy for 188 countries between 1981 and 2011. Application of the SVMDI highlights a …
Persistent link: https://www.econbiz.de/10011431182
We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model … further suggests that institutional quality varies more across autocracies than across democracy and that the positive effect …
Persistent link: https://www.econbiz.de/10013348848
measurement of democracy. I proceed in two step. In the first part, I describe the classical approach for producing a measure of … democracy and sketch an alternative approach. The second part provides an overview about existing democracy index. …
Persistent link: https://www.econbiz.de/10013471962
We present a novel approach for measuring democracy, which enables a very detailed and sensitive index. This method is … countries in the period between 1981 and 2011. The Support Vector Machines Democracy Index (SVMDI) is continuously on the 0 … concept of democracy without additional adjustments, and due to its exibility it is also a valuable tool for comparison …
Persistent link: https://www.econbiz.de/10010516301
Evidence from a novel measure of democracy (SVMDI) based on Support Vector Machines highlights a robust positive … relationship between democracy and economic growth. We argue that the ambiguity in recent studies can be traced back to the neglect … of the information in the equation in levels and the lack of sufficient sensitivity of traditional democracy indicators …
Persistent link: https://www.econbiz.de/10010516302
democracy (186 countries, 1960-2014). The method takes its name from a machine learning technique for pattern recognition and … results are affected by conceptual and methodological changes in the measure of democracy. In particular, we show that …
Persistent link: https://www.econbiz.de/10011815823