Checks and balances in weakly institutionalized countries

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dc.contributor.advisorGallego Yáñez, Francisco
dc.contributor.advisorWagner, Gert
dc.contributor.advisorDíaz Bahamonde, José Gregorio
dc.contributor.authorBaragwanath Vogel, Kathryn
dc.contributor.otherPontificia Universidad Católica de Chile. Instituto de Economía
dc.date.accessioned2016-05-13T19:29:51Z
dc.date.available2016-05-13T19:29:51Z
dc.date.issued2014
dc.descriptionTesis (Magíster en Economía)--Pontificia Universidad Católica de Chile, 2014
dc.description.abstractWe extend a model by Acemoglu et al (2013) developed to explain this phenomenon, and include a measure of natural resource wealth in the government budget constraint. The model predicts that countries with higher natural resource income per capita will have lower equilibrium checks and balances We run multinomial logistic regressions in order to estimate the effects of oil reserves per capita and value of oil reserves per capita on the probability of having high checks and balances. Given the panel data nature of our dataset, we are able to include both time and country level fixed effects. Time fixed effects help isolate trends, while country level fixed effects capture time invariant, country specific characteristics which affect checks and balances. The results show a negative effect of both oil reserves per capita and the value of average oil reserves per capita on the probability of having high checks and balances.
dc.format.extent46 páginas
dc.identifier.doi10.7764/tesisUC/ECO/15003
dc.identifier.urihttps://doi.org/10.7764/tesisUC/ECO/15003
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/15003
dc.information.autorucInstituto de Economía ; Gallego Yáñez, Francisco ; 0000-0002-2252-891X ; 94445
dc.information.autorucInstituto de Economía ; Wagner, Gert ; S/I ; 98271
dc.information.autorucInstituto de Economía ; Díaz Bahamonde, José Gregorio ; 0000-0001-8237-0109 ; 72007
dc.information.autorucInstituto de Economía ; Baragwanath Vogel, Kathryn ; S/I ; 178046
dc.language.isoen
dc.nota.accesoContenido completo
dc.rightsacceso abierto
dc.subject.ddc330
dc.subject.deweyEconomíaes_ES
dc.subject.otherModelos económicoses_ES
dc.subject.otherRecursos económicoses_ES
dc.subject.otherGobierno comparadoes_ES
dc.titleChecks and balances in weakly institutionalized countrieses_ES
dc.typetesis de maestría
sipa.codpersvinculados94445
sipa.codpersvinculados98271
sipa.codpersvinculados72007
sipa.codpersvinculados178046
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