Weak Instruments and Weak Identification in Estimating the Effects of Education on Democracy
Inter-American Development Bank Working Paper No. 569
10 Pages Posted: 5 Sep 2006
There are 2 versions of this paper
Weak Instruments and Weak Identification in Estimating the Effects of Education on Democracy
Weak Instruments and Weak Identification in Estimating the Effects of Education on Democracy
Date Written: May 2006
Abstract
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.
Keywords: Democracy, Education, Weak Instruments, Dynamic Panel
JEL Classification: P16, O16
Suggested Citation: Suggested Citation
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