The quality of institutions: A genetic programming approach

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@Article{AlvarezDiaz2008161,
  author =       "Marcos Alvarez-Diaz and Gonzalo {Caballero Miguez}",
  title =        "The quality of institutions: A genetic programming
                 approach",
  journal =      "Economic Modelling",
  volume =       "25",
  number =       "1",
  pages =        "161--169",
  year =         "2008",
  ISSN =         "0264-9993",
  DOI =          "doi:10.1016/j.econmod.2007.05.001",
  URL =          "http://www.sciencedirect.com/science/article/B6VB1-4P0VD80-1/2/c0bb8da3af64aa1ea6b0a4f90e4790b0",
  keywords =     "genetic algorithms, genetic programming, Quality of
                 institutions, Institutional determinants,
                 Non-parametric perspective",
  abstract =     "The new institutional economics has studied the
                 determinants of the quality of institutions.
                 Traditionally, the majority of the empirical literature
                 has adopted a parametric and linear approach. These
                 forms impose ad hoc functional structures, sometimes
                 introducing relationships between variables that are
                 forced and misleading. This paper analyses the
                 determinants of the quality of institutions using a
                 non-parametric and non-linear approach. Specifically,
                 we employ a Genetic Program (GP) to study the
                 functional relation between the quality of institutions
                 and a set of historical, economical, geographical,
                 religious and social variables. Besides this, we
                 compare the obtained results with those employing a
                 parametric perspective (Ordinary Least Square
                 Regression). Following the empirical results of our
                 application, we can conclude that the parametric
                 perspective adopted in previous papers about
                 institutional quality could be accurate.",
}

Genetic Programming entries for Marcos Alvarez-Diaz Gonzalo Caballero Miguez

Citations