|
|
|
|
Wheat from chaff: A sensitivity analysis of determinants of social expenditure levels in OECD countries |
|
| Abstract | Word Stems | Keywords | Association | Citation | Get this Document | Similar Titles |
|
STOP! You can now view the document associated with this citation by clicking on the "View Document as HTML" link below. |
|
Click here to view the document
|
Abstract:
|
The empirical study of the welfare state suffers from non-cumulative findings. Empirically, dozens of factors have been shown to be related to the level of social expenditure in advanced industrialized democracies. Yet not all independent variables ever proposed can be relevant. In other words, the “true” model is unknown and any given study necessarily only uses a selected subset of all potentially relevant factors. A multitude of empirically confirmed yet contradictory claims is the result and discriminating between competing hypotheses becomes difficult.
The aim of this paper is to help winnow wheat from chaff and separate the robust determinants from those factors that are fragile to changes in model specification.
A global sensitivity analysis is used to assess robustness. For this purpose, fifty-five variables that have previously been found to explain the share of social expenditure in the GDP are derived from the literature. For each of these variables, a large number of models - covering all (or many) possible combinations of the other independent variables - are estimated. Averaging the individual estimates over all models then yields a mean estimate of the coefficient and a probabilistic assessment of robustness for each of these variables.
The results show that many variables suggested in the previous literature are indeed rather fragile candidates. Yet some central claims regarding social change, institutions and partisan politics prove robust and find support regardless of model specification. |
Most Common Document Word Stems:
variabl (140), model (112), polit (108), social (104), factor (100), estim (74), robust (71), expenditur (67), govern (63), effect (61), chang (57), specif (56), gdp (51), welfar (51), theoret (50), institut (50), tabl (50), analysi (49), influenc (47), econom (44), use (43), |
|
 | Convention | | All Academic Convention can solve the abstract management needs for any association's annual meeting. |  | Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. |  | Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! |  | Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! |  | Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. |  | Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! |  | Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! | | Click here for more information. |
|
|
Association:
Name: Southern Political Science Association URL: http://www.spsa.net
|
Citation:
|
MLA Citation:
| Kappe, Roland. "Wheat from chaff: A sensitivity analysis of determinants of social expenditure levels in OECD countries" Paper presented at the annual meeting of the Southern Political Science Association, Hotel Intercontinental, New Orleans, LA, Jan 07, 2009 <Not Available>. 2009-11-04 <http://www.allacademic.com/meta/p287891_index.html> |
APA Citation:
| Kappe, R. , 2009-01-07 "Wheat from chaff: A sensitivity analysis of determinants of social expenditure levels in OECD countries" Paper presented at the annual meeting of the Southern Political Science Association, Hotel Intercontinental, New Orleans, LA Online <APPLICATION/PDF>. 2009-11-04 from http://www.allacademic.com/meta/p287891_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: The empirical study of the welfare state suffers from non-cumulative findings. Empirically, dozens of factors have been shown to be related to the level of social expenditure in advanced industrialized democracies. Yet not all independent variables ever proposed can be relevant. In other words, the “true” model is unknown and any given study necessarily only uses a selected subset of all potentially relevant factors. A multitude of empirically confirmed yet contradictory claims is the result and discriminating between competing hypotheses becomes difficult.
The aim of this paper is to help winnow wheat from chaff and separate the robust determinants from those factors that are fragile to changes in model specification.
A global sensitivity analysis is used to assess robustness. For this purpose, fifty-five variables that have previously been found to explain the share of social expenditure in the GDP are derived from the literature. For each of these variables, a large number of models - covering all (or many) possible combinations of the other independent variables - are estimated. Averaging the individual estimates over all models then yields a mean estimate of the coefficient and a probabilistic assessment of robustness for each of these variables.
The results show that many variables suggested in the previous literature are indeed rather fragile candidates. Yet some central claims regarding social change, institutions and partisan politics prove robust and find support regardless of model specification. |
Get this Document:
Find this citation or document at one or all of these locations below. The links below may have the citation or the entire document for free or you may purchase access to the document. Clicking on these links will change the site you're on and empty your shopping cart.
| Document Type: |
application/pdf |
| Page count: |
60 |
| Word count: |
15866 |
| Text sample: |
| A SENSITIVITY ANALYSIS OF THE DETERMINANTS OF SOCIAL EXPENDITURE LEVELS IN OECD COUNTRIES Roland Kappe 12 December 2008 1. Introduction The genesis development and fate of the welfare state are a recurring topic in both comparative politics and economics. The theoretical accounts emerging from both fields are extraordinarily diverse and numerous empirical studies have established links between a variety of different social political and institutional factors and the size of the welfare state in advanced industrialized countries. Unfortunately these |
| 0.48 Maastricht-Dummy 0.23 0.42 0.56 Quinn Index 12.45 1.57 0.82 Capital Account Liberalization 3.37 0.66 1.16 Current Account Liberalization 7.25 1.02 0.73 International Agreements 1.72 0.39 1.91 Quinn Index (change) 0.13 0.45 0.22 Low Wage Imports 14.54 6.32 2.08 Borrowing Capital Markets (%GDP) 4.30 3.49 0.75 59 |
Similar Titles:
The Influence of Policy Ideas and Non-State Actors in Economic Policy Change - An Analysis of the Peruvian Case of Neoliberal Economic Reform
Who or What Governs: A Comparison of Economic, Political, Institutional, and Bureaucratic Effects on Urban Governance
|
|