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The Impact of Direct Democracy on Society - Universität St.Gallen

The Impact of Direct Democracy on Society - Universität St.Gallen

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– 7 –3.1 Cross secti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> 1992 and Balanced Panel 2000 – 2002...................................... 903.2 Results for Single Waves, 2000 – 2002 ............................................................. 1004 Summary and C<strong>on</strong>cluding Remarks........................................................................... 1065 Appendix .................................................................................................................... 107Chapter IV: Income Redistributi<strong>on</strong> ................................................................................... 1131 Introducti<strong>on</strong>................................................................................................................ 1142 Political Ec<strong>on</strong>omy Models <str<strong>on</strong>g>of</str<strong>on</strong>g> Income Redistributi<strong>on</strong>................................................ 1163 Empirical <strong>St</strong>udies <strong>on</strong> Instituti<strong>on</strong>al Determinants <str<strong>on</strong>g>of</str<strong>on</strong>g> Income Redistributi<strong>on</strong> .............. 1204 Swiss Data <strong>on</strong> <str<strong>on</strong>g>Direct</str<strong>on</strong>g> <str<strong>on</strong>g>Democracy</str<strong>on</strong>g> and Income Distributi<strong>on</strong> ...................................... 1255 <str<strong>on</strong>g>The</str<strong>on</strong>g> <str<strong>on</strong>g>Impact</str<strong>on</strong>g> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>Direct</str<strong>on</strong>g> <str<strong>on</strong>g>Democracy</str<strong>on</strong>g> <strong>on</strong> Welfare and Taxati<strong>on</strong>...................................... 1286 <str<strong>on</strong>g>The</str<strong>on</strong>g> <str<strong>on</strong>g>Impact</str<strong>on</strong>g> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>Direct</str<strong>on</strong>g> <str<strong>on</strong>g>Democracy</str<strong>on</strong>g> <strong>on</strong> the Redistributi<strong>on</strong> <strong>on</strong> Income.......................... 1327 C<strong>on</strong>cluding Remarks.................................................................................................. 1368 Appendix .................................................................................................................... 139Chapter V: Public Safety..................................................................................................... 1411 Introducti<strong>on</strong>................................................................................................................ 1422 Political Ec<strong>on</strong>omy and the Behavioral Ec<strong>on</strong>omic C<strong>on</strong>text:Derivati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> Hypotheses........................................................................................ 1442.1. <str<strong>on</strong>g>The</str<strong>on</strong>g> Median Voter <str<strong>on</strong>g>The</str<strong>on</strong>g>orem............................................................................... 1442.2 Optimism Bias.................................................................................................... 1452.3 Debiasing <strong>St</strong>rategies........................................................................................... 1482.4 <str<strong>on</strong>g>The</str<strong>on</strong>g> Role <str<strong>on</strong>g>of</str<strong>on</strong>g> Mass Media .................................................................................... 1492.4 Derivati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> Empirically Testable Hypotheses ................................................ 1503 Model ......................................................................................................................... 1524 Data ............................................................................................................................ 1565 Empirical Results ....................................................................................................... 1585.1. <strong>St</strong>ructural Equati<strong>on</strong> I: Determinants <str<strong>on</strong>g>of</str<strong>on</strong>g> Police Expenditure............................... 1585.2 <strong>St</strong>ructural Equati<strong>on</strong> II: Determinants <str<strong>on</strong>g>of</str<strong>on</strong>g> Crime Rates ........................................ 1625.3 Reduced Form: Determinants <str<strong>on</strong>g>of</str<strong>on</strong>g> Crime ............................................................. 1695.4 Comparis<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> the Results for the Reduced and <strong>St</strong>ructural Forms .................... 1766 C<strong>on</strong>clusi<strong>on</strong>.................................................................................................................. 1787 Appendix .................................................................................................................... 180Questi<strong>on</strong>naires.................................................................................................................... 194

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