애스크로AIPublic Preview
← 학술논문 검색
학술논문경영과학2014.12 발행

State-Space Poisson Models for Event-Count Time Series: Evidence from the Legislative Productivity of the U.S. Congress

State-Space Poisson Models for Event-Count Time Series: Evidence from the Legislative Productivity of the U.S. Congress

최문섭(이화여대); 福元健太郞(學習院大學)

31권 4호, 55~73쪽

초록

For event-count time series data, the Poisson distribution is limited because it assumes independent events. In this study, we horserace two state-space Poisson methods in analyzing the legislative productivity of the U.S. Congress:the Poisson exponentially weighted moving average (PEWMA) and Poisson autoregressive (PAR) models. They distinguish from the conventional Poisson and negative binomial event-count models by explicitly specifying the time-series process in a Bayesian parameter-feedback context. We find that (1) a divided government does not matter for the legislative productivity of the U.S. Congress; but, (2) electoral consideration of lawmakers urges them to make more laws in the election year, and (3) wider-seat margin Senatorial majority legislate more.

Abstract

For event-count time series data, the Poisson distribution is limited because it assumes independent events. In this study, we horserace two state-space Poisson methods in analyzing the legislative productivity of the U.S. Congress:the Poisson exponentially weighted moving average (PEWMA) and Poisson autoregressive (PAR) models. They distinguish from the conventional Poisson and negative binomial event-count models by explicitly specifying the time-series process in a Bayesian parameter-feedback context. We find that (1) a divided government does not matter for the legislative productivity of the U.S. Congress; but, (2) electoral consideration of lawmakers urges them to make more laws in the election year, and (3) wider-seat margin Senatorial majority legislate more.

발행기관:
한국경영과학회
DOI:
http://dx.doi.org/10.7737/KMSR.2014.31.4.055
분류:
경영학

AI 법률 상담

이 논문의 주제에 대해 더 알고 싶으신가요?

460만+ 법률 자료에서 관련 판례·법령·해석례를 찾아 답변합니다

AI 상담 시작
State-Space Poisson Models for Event-Count Time Series: Evidence from the Legislative Productivity of the U.S. Congress | 경영과학 2014 | AskLaw | 애스크로 AI