Ashworth, John; Geys, Benny; Heyndels, Bruno; Wille, Fanny - In: Applied Economics 46 (2014) 19, pp. 2264-2276
Competition reduces rent extraction in private-sector firms. In this article, we empirically assess whether it similarly disciplines politicians by evaluating local-level governments' performance in Flanders. The results indicate that <italic>electoral</italic> competition -- measured via the number of parties...