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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...
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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,...
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