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Econometric Papers On The Relationship Between Education, Democracy and Macroeconomic Crisis

Smith, CM; (2015) Econometric Papers On The Relationship Between Education, Democracy and Macroeconomic Crisis. Doctoral thesis , UCL (University College London). Green open access

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Abstract

This thesis seeks to contribute to the existing political and economic literature on the relationship between education and democracy through a series of econometric studies. We have used the Blundell-Bond System-GMM estimator on panel data, pioneered the use of Structural Vector Autoregression analysis on a single time series, and used logistic regression on one of the most balanced and up-to-date cross-country panels. In doing so the scope of our study has ranged from the depth and richness of detail afforded by a case-study approach to the breadth of multi-country analysis; from 1890s France to 2010 Kyrgyzstan, whilst providing a detailed set of examples of country-specific democratic transitions which have occurred over the last forty years. The results of our long run, short run, linear, and nonlinear studies have consistently found that education not only exerts a positive and significant effect on democracy, but that education is the strongest predictor of permanent transitions to democracy.

Type: Thesis (Doctoral)
Title: Econometric Papers On The Relationship Between Education, Democracy and Macroeconomic Crisis
Open access status: An open access version is available from UCL Discovery
Language: English
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/1468781
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