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Punctuated Equilibrium Theory posits that policy-making is generally characterized by long periods of stability that are interrupted by short periods of fundamental policy change. The literature converged on the measure… Click to show full abstract
Punctuated Equilibrium Theory posits that policy-making is generally characterized by long periods of stability that are interrupted by short periods of fundamental policy change. The literature converged on the measure of kurtosis and L-kurtosis to assess these change patterns. In this letter, we critically discuss these measures and propose the Gini coefficient as a (1) comparable, but (2) more intuitive, and (3) more precise measure of “punctuated” change patterns.
Keywords:
equilibrium theory;
assess;
gini coefficient;
punctuated equilibrium
Journal Title: Political Analysis
Year Published: 2021
Link to full text (if available)
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Journal Title: Political Analysis
Year Published: 2021
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!