An instrumental variable model of opinion on pro-market reforms was estimated, taking into account the endogenous nature of knowledge in economics, while controlling for the characteristics of the respondents. Empirical results indicate that knowledge in economics contributes significantly to explain favorable opinion on pro-market reforms.
VRANCEANU, R. et BARTHELEMY, J. (2012). Knowledge in Economics and Economic Reform: An Analysis of Survey Data from a French Business School. Revue Economique, 63(6), pp. 1193-1208.