Article

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

Matteo Bobba, and Decio Coviello

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 codes

  • O16: Financial Markets • Saving and Capital Investment • Corporate Finance and Governance
  • P16: Political Economy

Reference

Matteo Bobba, and Decio Coviello, “Weak instruments and weak identification, in estimating the effects of education, on democracy”, Economics Letters, vol. 96, 2007, pp. 301–306.

See also

Published in

Economics Letters, vol. 96, 2007, pp. 301–306