Recent studies have emphasized the importance of the quality of politicians for good government and consequently … politicians and perform competently in office becomes a central question. In this paper, we examine whether higher wages attract … better quality politicians and improve political performance using exogenous variation in the salaries'of local legislators …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …