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Does stiffer electoral competition reduce political rent-seeking behavior? For a microanalysis of this question, I construct a new data set spanning the years 2005 to 2012 covering biographical and political information of German members of parliament (MPs) and including attendance rates in...
Persistent link: https://www.econbiz.de/10010833227
This paper provides a simple model to explain effect of political alignment between different tiers of government on policy choices and election outcomes. We derive precise predictions that, as long as voters attribute most of the credit for providing public goods to the local government: (i)...
Persistent link: https://www.econbiz.de/10010603855
This paper argues that high political competition does not necessarily induce policy makers to perform better as previous research has shown. We develop a political economy model and we show that when political competition is tight, and elected politicians can rely on more tax instruments, they...
Persistent link: https://www.econbiz.de/10010758500
decentralization affects governance, in particular how it might increase political competition, improve public accountability, reduce …
Persistent link: https://www.econbiz.de/10009205094
A fundamental problem in all political systems is that the people in power may extract rents to the detriment of the general public. In a democracy, electoral competition and information provided by the media may keep such rent extraction at bay. We develop a simple model where rents are...
Persistent link: https://www.econbiz.de/10005645315
Does stiffer electoral competition reduce political rent-seeking behavior? For a micro-analysis of this question, I construct a new data set spanning the years 2005 to 2012 covering biographical and political information of German members of parliament (MPs), election results, and attendance...
Persistent link: https://www.econbiz.de/10010674633
, improve public accountability, reduce political instability, and impose incentive-compatible limits on government power, but …
Persistent link: https://www.econbiz.de/10010709930
Lack of party competition may impair government efficiency. If the voters are ideologically predisposed to cast their votes in favor of one political party, they may reelect an underperforming incumbent. Party polarization may magnify this effect since the median voter faces a higher cost of...
Persistent link: https://www.econbiz.de/10011154747
This paper provides a simple model to explain effect of political alignment between different tiers of government on policy choices and election outcomes. We derive precise predictions that, as long as voters attribute most of the credit for providing public goods to the local government: (i)...
Persistent link: https://www.econbiz.de/10011165274
This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent...
Persistent link: https://www.econbiz.de/10011165654