Ministerial Weights and Government Formation: Estimation Using a Bargaining Model
This paper proposes a method to estimate relative ministerial weights in parliamentary democracies. Specifically, our method combines a bargaining model of government formation with maximum likelihood estimation. The data required for estimation are who formateurs are, what each partyâ€™s voting weight is, and what ministerial seats each party obtains. We use variation of the data and the structure of the bargaining model to recover ministerial weights and other parameters. Additionally, the method can measure the effects of voting weights and formateur advantage. We apply our proposed method to the case of Japan. Our results statistically show that political players value pork-related posts (such as the Minister of Construction) more than prestigious ones (such as the Minister of Foreign Affairs). We also find that there is a significant formateur advantage, while voting weights do not have a significant scale effect
|Date of creation:||11 Aug 2004|
|Date of revision:|
|Contact details of provider:|| Phone: 1 212 998 3820|
Fax: 1 212 995 4487
Web page: http://www.econometricsociety.org/pastmeetings.asp
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Barry Nalebuff & Roni Shachar, 1997.
"Follow The Leader: Theory And Evidence On Political Participation,"
Yale School of Management Working Papers
ysm57, Yale School of Management.
- Barry Nalebuff & Ron Shachar, 1999. "Follow the Leader: Theory and Evidence on Political Participation," American Economic Review, American Economic Association, vol. 89(3), pages 525-547, June.
- Daniel Diermeier & Hulya Eraslan & Antonio Merlo, 2003. "A Structural Model of Government Formation," Econometrica, Econometric Society, vol. 71(1), pages 27-70, January.
- Merlo, A., 1992.
"Bargaining Over Governments in a Stochastic Environment,"
92-55, C.V. Starr Center for Applied Economics, New York University.
- Merlo, Antonio, 1997. "Bargaining over Governments in a Stochastic Environment," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 101-31, February.
- Merlo, Antonio, 1996. "Bargaining over governments in a stochastic environment," Bulletins 7476, University of Minnesota, Economic Development Center.
- Horowitz, Joel L., 2001. "The Bootstrap," Handbook of Econometrics, in: J.J. Heckman & E.E. Leamer (ed.), Handbook of Econometrics, edition 1, volume 5, chapter 52, pages 3159-3228 Elsevier.
- John Sutton, 1986. "Non-Cooperative Bargaining Theory: An Introduction," Review of Economic Studies, Oxford University Press, vol. 53(5), pages 709-724.
- Stephen Coate & Michael Conlin, 2002. "Voter Turnout: Theory and Evidence from Texas Liquor Referenda," NBER Working Papers 8720, National Bureau of Economic Research, Inc.
- McDonald, James B, 1984. "Some Generalized Functions for the Size Distribution of Income," Econometrica, Econometric Society, vol. 52(3), pages 647-63, May.
- Keane, Michael & Wolpin, Kenneth, 1997. "Introduction to the JBES Special Issue on Structural Estimation in Applied Microeconomics," MPRA Paper 55136, University Library of Munich, Germany.
- Eraslan, Hulya, 2002. "Uniqueness of Stationary Equilibrium Payoffs in the Baron-Ferejohn Model," Journal of Economic Theory, Elsevier, vol. 103(1), pages 11-30, March.
When requesting a correction, please mention this item's handle: RePEc:ecm:feam04:742. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If references are entirely missing, you can add them using this form.