Weak instruments and weak identification, in estimating the effects of education, on democracy

Is there any relation between education and democracy? Once we correct for weak instruments and identify education as “weakly exogenous” we find new evidence that education systematically predicts democracy. Our results are robust across model specification, instrumentation strategies, and samples....

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Veröffentlicht in:Economics letters 2007-09, Vol.96 (3), p.301-306
Hauptverfasser: Bobba, Matteo, Coviello, Decio
Format: Artikel
Sprache:eng
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Zusammenfassung:Is there any relation between education and democracy? Once we correct for weak instruments and identify education as “weakly exogenous” we find new evidence that education systematically predicts democracy. Our results are robust across model specification, instrumentation strategies, and samples.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2007.01.018