Showing 1 - 10 of 45
disputing countries will benefit from the alternative enforcement outcomes – compliance, compensation, retaliation, and the …
Persistent link: https://www.econbiz.de/10005702556
The importance of infrastructure for growth is well established in the macroeconomic literature. Previous research has treated public investment in infrastructure as exogenous. We remedy this shortcoming by providing a political economy analysis of infrastructure choice based upon consumer...
Persistent link: https://www.econbiz.de/10005702622
We use data from Texas liquor referenda to evaluate the performance of the pivotal-voter theory of voter turnout. We structurally estimate the parameters of a pivotal-voter model using the referendum data. We then use the estimates to evaluate the out of sample performance of the model. Finally,...
Persistent link: https://www.econbiz.de/10005702685
The main goal of this paper is to investigate the role of campaign fund in congressional careers. To achieve this goal, we specify a dynamic model of career decisions of a member of Congress. In particular, we model how the amount of campaign funds raised affects the probability of winning...
Persistent link: https://www.econbiz.de/10005342375
Students of politics are familiar with two common forms of influence exercised by special interests over politicians: the provision of financial support to favored candidates during election campaigns, and the application of lobbying power when dealing with elected politicians. However, in...
Persistent link: https://www.econbiz.de/10005063710
Almost everyone was surprised by the reforms proposed by the Lula administration in Brazil. Once in power, they proposed reforms they voted against when in opposition. We analyze a game in which political parties, with partisan and electoral interest, try to approve reforms that benefit the...
Persistent link: https://www.econbiz.de/10005699602
This paper formulates a model of dynamic, endogenous reform of political institutions. Specifically, a class of dynamic political games (DPGs) is introduced in which institutional choice is both recursive and instrumental. It is recursive because future political institutions are decided under...
Persistent link: https://www.econbiz.de/10005328876
We model electoral competition between two parties in a winner take all election. Parties choose strategically first their platforms and then their campain spending under aggregate uncertainty about voters' preferences. In the unique Nash equilibrium larger elections are characterized by a...
Persistent link: https://www.econbiz.de/10005328928
Spatial models of voting behaviour are the dominant paradigm in political science. Consistent with this approach, it will be the case that, ceteris paribus, voters should vote for the party nearest to them on the political spectrum. A key question is how we measure nearness or distance. We...
Persistent link: https://www.econbiz.de/10005342137
We examine the incentives of an interest group to provide a political decision-maker with policy-relevant information and to exert pressure on her. Both activities are costly but may induce the lobby's preferred policy. Our paper provides an integrated analysis of both lobbying activities and...
Persistent link: https://www.econbiz.de/10005342190