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Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10005765637
Using panel data from US states over the period 1941-2002, I measure the impact of gubernatorial partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes...
Persistent link: https://www.econbiz.de/10004977260
Using panel data from US states, I measure the impact of partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes under Democrats and Republicans. In terms...
Persistent link: https://www.econbiz.de/10005032821
Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military … terms of its impact on economic growth, so as to uphold or refute the claims of the defects in the present status quo. Time … actually foster economic growth, but this growth may have been inhibited by corruption, ineffective leadership, unconducive …
Persistent link: https://www.econbiz.de/10013348422
Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military … terms of its impact on economic growth, so as to uphold or refute the claims of the defects in the present status quo. Time … actually foster economic growth, but this growth may have been inhibited by corruption, ineffective leadership, unconducive …
Persistent link: https://www.econbiz.de/10013362912
The Swedish system for inter-regional redistribution is examined from a political economy perspective and a growth …. Growth implications of extensive inter-regional redistribution are found to be relatively neglected in both academic studies …-regional redistribution is likely to have considerable effects on labour mobility. The author argues that this almost entirely overlooked …
Persistent link: https://www.econbiz.de/10005642465
governments in economic growth and low unemployment in order to win elections, there should be a link between political business …
Persistent link: https://www.econbiz.de/10010270371
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance … seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10010264401
also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …
Persistent link: https://www.econbiz.de/10010284550
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … sometimes on output (GDP) levels and volatility of output. This survey of the literature on Monetary policy and growth shows … that money plays a small role in developing countries and that monetary policy is not a very important influence on growth …
Persistent link: https://www.econbiz.de/10011988624