Bayesian Estimation of Cox Models With Non-Nested Random Effects: An Application to the Ratification of ILO Conventions by Developing Countries

Horny, Guillaume ; Boockmann, Bernhard ; Djurdjevic, Dragana ; Laisney, François

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URN: urn:nbn:de:bsz:180-madoc-9573
Document Type: Working paper
Year of publication: 2005
The title of a journal, publication series: None
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: C11 C14 J80 O19 C41 D78 C15 ,
Subject headings (SWD): Internationale Arbeitsorganisation , Personalkosten
Abstract: We use a multivariate hazard model for the analysis of data on the timing of ratifications of different ILO conventions by developing countries. The model accounts for two random effects, one at the country level and the other at the convention level. After investigating identification. we use a semi-parametric Bayesian approach based on the partial likelihood for the inference. Our findings confirm the results of preceding studies that ratification depends both on economic and political factors. Furthermore, the results yield insights on the impact of unobserved heterogeneity across member states and conventions on the ratification process.
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