Weak Instruments and Weak Identification, in Estimating the Effects of Education, on Democracy
Economics Letters, 2007, 96, 301-306
BOBBA, Matteo, COVIELLO, Decio, Weak Instruments and Weak Identification, in Estimating the Effects of Education, on Democracy, Economics Letters, 2007, 96, 301-306 - http://hdl.handle.net/1814/6947
Retrieved from Cadmus, EUI Research Repository
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.
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