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By examining annual data (1994-2003) for 15 countries from East Asia and the Pacific, this study provides an analysis of the effects of political institutions and other socioeconomic factors on deforestation. Results show that economic prosperity does not automatically cause higher environmental...
Persistent link: https://www.econbiz.de/10010669798
This paper employs k-means clustering, a multidimensional pattern recognition method, to categorize countries using information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k-medians clusters and arbitrary groups formed using...
Persistent link: https://www.econbiz.de/10014290692
We propose a new methodology exploring Markov perfect equilibrium strategies in differential games with regime switching. Specifically, we develop a general game with two players having two kinds of strategies. Players choose an action that influences the evolution of a state variable, and...
Persistent link: https://www.econbiz.de/10010747209
We develop a continuous time dynamic game to provide with a benchmark theory of Arab Spring-type events. We consider a resource-dependent economy with two interacting groups, the elite vs. the citizens, and two political regimes, dictatorship vs. a freer regime. Transition to the freer regime...
Persistent link: https://www.econbiz.de/10011162054
We propose a new methodology exploring Markov perfect equilibrium strategies in differential games with regime switching. We develop a general game with two players. Players choose an action that inuences the evolution of a state variable, and decide on the switching time from one regime to...
Persistent link: https://www.econbiz.de/10011166252
We develop a dynamic game to provide with a theory of Arab spring-type events. We consider two interacting groups, the elite vs the citizens, two political regimes, dictatorship vs a freer regime, the possibility to switch from the first to the second regime as a consequence of a revolution, and...
Persistent link: https://www.econbiz.de/10010900245
We consider a framework à la Wirl (1994) where political liberalization is the outcome of a lobbying differential game between a conservative elite and a reformist group, the former player pushing against political liberalization in opposition to the latter. In contrast to the benchmark model,...
Persistent link: https://www.econbiz.de/10010900252
Better understanding of inequality, including its relationship to governance and other key outcomes, is relevant both to academic researchers and to policy-makers. Nevertheless, efforts to establish causal relationships empirically remain hampered by the quality and availability of data,...
Persistent link: https://www.econbiz.de/10014555740
Persistent link: https://www.econbiz.de/10001099391
Persistent link: https://www.econbiz.de/10001713824