The unobserved components model expresses the observed data in each cluster as a linear function of the unobserved common component of governance, plus a disturbance term capturing perception errors and/or sampling variation in each indicator. The Quality of Growth - Page 227edited by - 2000 - 262 pagesFull view - About this book
| J. Mark Payne - 2002 - 350 pages
...statistical procedure (unobserved components model) that expresses the available measures for each country as a linear function of the unobserved common component...errors and/or sampling variation in each indicator. See Kaufmann, Kraay and Zoido-Lobaton (1999a and 1999b). 1 0 0 5 0 0 0 5 • 1 0 . HIC II , , MENA... | |
| Vinay Kumar Bhargava, Emil P. Bolongaita - 2004 - 290 pages
...quality, (5) rule of law, and (6) control of corruption. They used an unobserved-components model that expresses the observed data in each cluster as a linear...errors and/or sampling variation in each indicator. Their choice of units for governance ensured that the estimates of governance had a mean of zero, a... | |
| J. Timothy Sale - 2004 - 262 pages
...aggregate indicators for each cluster were estimated by means of unobserved components model which expresses the observed data in each cluster as a linear function of the unobserved, common components of governance, plus the disturbance term capturing perception error/or sampling variation... | |
| Edmund Amann - 2006 - 323 pages
...authors of this chapter has been involved in the design of regulatory institutions for Malawi. 2. This expresses the observed data in each cluster as a linear...common component of governance, plus a disturbance term to capture perception errors and sampling variation in each indicator (Kaufmann et al., 1999). 3. However,... | |
| Brian Levy - 2007 - 176 pages
...possible signal of governance in a country based on all the available data... The unobserved components model expresses the observed data in each cluster...perception errors and/or sampling variation in each indicator."14 The aggregation procedure used by KK has some important strengths for empirical work... | |
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