Growth of GDP per capita and Democracy. A Simultaneous Equation Generalized Probit Model


Master's Thesis, 2015

33 Pages, Grade: 1


Excerpt


Contents

1 Introduction

2 Framework for the Empirical Analysis
2.1 Methodology
2.1.1 Preliminaries
2.1.2 Procedure

3 Data
3.1 Endogenous Variable: Growth
3.2 Endogenous Variable: Non-Democratic
3.3 Exogenous Variables:

4 Empirical Findings
4.1 Direction of Effects
4.2 Squared per Capita Growth and the Policy Variable
4.3 Communism

5 Conclusion

A Mathematical Appendix

A.1 Reduced Form

A.2 Corrected Variances

References

Excerpt out of 33 pages

Details

Title
Growth of GDP per capita and Democracy. A Simultaneous Equation Generalized Probit Model
College
Vienna University of Economics and Business  (Institut für Makroökonomie)
Grade
1
Author
Year
2015
Pages
33
Catalog Number
V384280
ISBN (eBook)
9783668595408
ISBN (Book)
9783668595415
File size
627 KB
Language
English
Keywords
Democracy, GDP per Capita, Simultaneous Probit Model, Probit Model, Democratic, Amemiya, Economic, political stability, Barro, Growth
Quote paper
Katharina Böhm-Klamt (Author), 2015, Growth of GDP per capita and Democracy. A Simultaneous Equation Generalized Probit Model, Munich, GRIN Verlag, https://www.grin.com/document/384280

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