Political Competition, Policy and Growth: Theory and Evidence from the US

S-Tier
Journal: Review of Economic Studies
Year: 2010
Volume: 77
Issue: 4
Pages: 1329-1352

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper develops a simple model to analyse how a lack of political competition may lead to policies that hinder economic growth. We test the predictions of the model on panel data for the US states. In these data, we find robust evidence that lack of political competition in a state is associated with anti-growth policies: higher taxes, lower capital spending, and a reduced likelihood of using rightto- work laws. We also document a strong link between low political competition and low income growth. Copyright , Wiley-Blackwell.

Technical Details

RePEc Handle
repec:oup:restud:v:77:y:2010:i:4:p:1329-1352
Journal Field
General
Author Count
3
Added to Database
2026-01-24