You are interested in explaining democratic backsliding. You are considering two models. Model 1: Backsliding =...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You are interested in explaining democratic backsliding. You are considering two models. Model 1: Backsliding = o + BGDP + BGDP1000 + 0 Controls + u where GDP refers to the total GDP of the country and GDP1000 indicates the value of GDP expressed in $1000. Model 2: Backsliding = Po + BGDP + B2Globalisation + 0, Controls + u where globalisation is an index of economic openness. Answer the following questions: 1. Can you estimate Model 1? Please justify your answer with as much as detail as possible (5%) 2. What are the two main empirical challenges when estimating model 2? Please justify your answer with as much as detail as possible (5%) You are interested in explaining democratic backsliding. You are considering two models. Model 1: Backsliding = o + BGDP + BGDP1000 + 0 Controls + u where GDP refers to the total GDP of the country and GDP1000 indicates the value of GDP expressed in $1000. Model 2: Backsliding = Po + BGDP + B2Globalisation + 0, Controls + u where globalisation is an index of economic openness. Answer the following questions: 1. Can you estimate Model 1? Please justify your answer with as much as detail as possible (5%) 2. What are the two main empirical challenges when estimating model 2? Please justify your answer with as much as detail as possible (5%)
Expert Answer:
Answer rating: 100% (QA)
1 To estimate Model 1 I would use the following approach Collect data on backsliding GDP GDP1000 and the relevant control variables for the country an... View the full answer
Posted Date:
Students also viewed these economics questions
-
Target Compliance a) Identify the scenarios that require the use of forecasts b) Analyze the different forecasting methods of qualitative models, time series models and causal models. Introduction In...
-
The following information relates to three of Montreal's Top and Exclusive private training fitness studios in Downtown. Salim's Fitness, Kardiac and Golden gym For each Fitness Studio calculate the...
-
CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
-
The figure shows the result of taking 25 SRSs from a Normal population and constructing a confidence interval for the population mean using each sample. Which confidence level 80%, 90%, 95%, or 99%do...
-
Refer to the financial statements of The Home Depot in Appendix A at the end of this book, or download the annual report from the Cases section in the Connect library. Required: 1. What amount of Net...
-
Desoto Company must make three adjusting entries on December 31, 2019. a. Supplies used, $5,500 (supplies totaling $9,000 were purchased on December 1, 2019, and debited to the Supplies account). b....
-
Finesse Co. purchases and installs a machine on January 1, 2004, at a total cost of $92,750. Straight- line depreciation is taken each year for four years assuming a seven-year life and no salvage...
-
Macavoy Corporations comparative balance sheet for current assets and liabilities was as follows: Adjust net income of $253,000 for changes in operating assets and liabilities to arrive at net cash...
-
way take McDonald's Debit to Equity Ratio for 2013 is? Period Ending Assets Current Assets Cash And Cash Equivalents Short Term Investments Net Receivables Inventory Other Current Assets Total...
-
Can Bayes' theorem be used to calculate the probability of an event occurring based on multiple other events? Question 12Answer a. No, Bayes' theorem can only be used to calculate the probability of...
-
Walmart is a large supermarket chain that operates all over the US. The company just paid a dividend of $1.50 per share. They expect dividends to grow by 7% each year and investors currently require...
-
1. Define quality assurance (QA) and quality improvement (QI). a. Give an example of how each applies to health care. b. Describe the differences between the two.
-
Lightfoot Inc., a software development firm, has stock outstanding as follows: 2 0 , 0 0 0 shares of cumulative preferred 2 % stock, $ 2 0 par, and 2 5 , 0 0 0 shares of $ 1 2 5 par common. During...
-
Why have PepsiCo and The Coca-Cola companies spent so much money on product differentiation? Give at least three (3) reasons.
-
#) An engineering faculty is planning to organize a conference on renewable energy systems. The project team has come up with the following Risk Checklist and determined the occurrence probability...
-
Investing activities in the statement is not 300 or 306 ? I cant find it
-
The following table shows the rates of total return in successive years from 2004 to 2008 for the Sprott Canadian Equity Fund and for the benchmark Toronto Stock Exchange S&P/TSX Composite Index. By...
-
Why is adjustment necessary?
-
In a securitisation transaction, is a company that transfers assets to an SPV at risk if these assets do not cover the debts of the SPV?
-
What does a PBR that is much higher than 1 mean?
Study smarter with the SolutionInn App