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来源类型Working Paper
规范类型报告
DOI10.3386/w25724
来源IDWorking Paper 25724
The Democracy Effect: a Weights-Based Identification Strategy
Pedro Dal Bó; Andrew Foster; Kenju Kamei
发表日期2019-04-08
出版年2019
语种英语
摘要Dal Bó, Foster and Putterman (2010) show experimentally that the effect of a policy may be greater when it is democratically selected than when it is exogenously imposed. In this paper we propose a new and simpler identification strategy to measure this democracy effect. We derive the distribution of the statistic of the democracy effect, and apply the new strategy to the data from Dal Bó, Foster and Putterman (2010) and data from a new real-effort experiment in which subjects’ payoffs do not depend on the effort of others. The new identification strategy is based on calculating the average behavior under democracy by weighting the behavior of each type of voter by its prevalence in the whole population (and not conditional on the vote outcome). We show that use of these weights eliminates selection effects under certain conditions. Application of this method to the data in Dal Bó, Foster and Putterman (2010) confirms the presence of the democracy effect in that experiment, but no such effect is found for the real-effort experiment.
主题Econometrics ; Experimental Design ; Microeconomics ; Welfare and Collective Choice
URLhttps://www.nber.org/papers/w25724
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583398
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GB/T 7714
Pedro Dal Bó,Andrew Foster,Kenju Kamei. The Democracy Effect: a Weights-Based Identification Strategy. 2019.
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