Besley, Timothy; Persson, Torsten; Sturm, Daniel M. - Centre for Economic Performance, LSE - 2010
This paper develops a simple model to analyze how a lack of political competition may lead to policies that hinder … that lack of political competition in a state is associated with anti-growth policies: higher taxes, lower capital spending … and a reduced likelihood of using right-to-work laws. We also document a strong link between low political competition and …