Daniel L. Bennett
Baylor University
Publications 30
Abstract Investments in physical infrastructure induce environmental changes that serve both an enabling and disabling function, potentially acting to simultaneously stimulate new business establishment and provoke exit by some incumbent establishments. The opening of a new establishment results in the creation of jobs that did not previously exist. Similarly, the closing of an establishment results in the permanent loss of jobs. I develop a theoretical model that depicts this external enabler/d...
#1Daniel L. Bennett (Baylor University)H-Index: 7
#2Boris Nikolaev (Baylor University)H-Index: 9
#1Daniel L. Bennett (Baylor University)H-Index: 7
#2Jason T. Long (Clemson University)
Abstract Incumbent politicians have a well-known advantage in seeking re-election. Using the Economic Freedom of North America dataset, we examine how changes in economic policy during an incumbent governor's tenure influence the probability of losing their re-election bid. Put simply, does economic policy matter for the incumbent advantage? The results suggest that a decrease in economic freedom increases the probability of an incumbent loss, regardless of the governor's party. A decomposition ...
#1Daniel L. Bennett (Baylor University)H-Index: 7
#2Elyssa Edwards (Patrick Henry College)
Last.Courtney Ngai (Patrick Henry College)
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AbstractWe study the effects of homeschool background and time use on academic performance among students at Patrick Henry College, a private religious institution with a 63-credit core classical liberal arts curriculum. Using ordinary least squares regression analysis, we examine four research questions: (1) Does time use influence academic performance? (2) Do homeschooled students perform differently than traditionally schooled students? (3) Does parental education moderate the impact of homes...
#1Daniel L. Bennett (Patrick Henry College)H-Index: 7
#2Boris Nikolaev (Emory University)H-Index: 9
Previous research on the relationship between economic freedom and income inequality has produced mixed results. We provide a short survey of this literature, identifying potential causes for this empirical heterogeneity. Next, we replicate the results from two significant studies using six alternative measures of income inequality for an updated dataset of up to 112 countries over the period 1970–2010. Notably, we use the latest release of the Standardized World Income Inequality Dataset, which...
#1Daniel L. Bennett (FSU: Florida State University)H-Index: 7
#2Hugo J. Faria (Instituto de Estudios Superiores de Administración)H-Index: 2
Last.Daniel R. Morales (FSU: Florida State University)H-Index: 3
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Existing literature suggests that either colonial settlement conditions or the identity of colonizer were influential in shaping the post-colonial institutional environment, which in turn has impacted long-run economic development. These two potential identification strategies have been treated as substitutes. We argue that the two factors should instead be treated as complementary and develop an alternative and unified IV approach that simultaneously accounts for both settlement conditions and ...
#1Daniel L. BennettH-Index: 7
#2Hugo J. FariaH-Index: 4
Last.Carlos E. NavarroH-Index: 1
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A growing body of evidence suggests that institutions are an important causal determinant of economic development, yet there remains considerable debate over which institutions are most important. In this paper, we employ an identification strategy that allows us to simultaneously examine the potential causal impact of economic and political institutions. The results of different instrumental variable estimators strongly suggest that economic institutions, gauged by the Index of Social Infrastru...
#1Daniel L. Bennett (Patrick Henry College)H-Index: 7
#2Boris Nikolaev (Emory University)H-Index: 9
This article examines the relationship between economic freedom and happiness inequality for a large sample of countries. We find that economic freedom is negatively associated with happiness inequality and robust to several alternative measures of happiness inequality, including the standard deviation, mean absolute difference, coefficient of variation, and Gini coefficient. Among the economic freedom areas, legal system and sound money are negatively correlated with happiness inequality. Drawi...