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Constitutional Rules and Fiscal Policy Outcomes
Abstract
We investigate the effect of electoral rules and forms of government on fiscal policy outcomes in a large sample of democracies. We rely on different estimation methods to address prospective problems of statistical inference, due to nonrandom selection of these constitutional rules. The findings are consistent with our theoretical priors: presidential regimes induce smaller governments than parliamentary democracies, while majoritarian elections lead to smaller governments and smaller welfare programs than proportional elections.
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Cites
The colonial origins of comparative development: An empirical investigation
Acemoglu, D., Johnson, S., & Robinson, J. A. (2001) · American Economic Review · doi:10.1257/aer.91.5.1369 · Cited by 8,517
Angrist, J. D., & Krueger, A. B. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.4.69 · Cited by 2,355
Cited by
Angrist, J. D., & Krueger, A. B. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.4.69 · Cited by 2,355
The Origins of State Capacity: Property Rights, Taxation, and Politics
Besley, T., & Persson, T. (2009) · American Economic Review · doi:10.1257/aer.99.4.1218 · Cited by 1,637
Self-citationThe resource curse revisited and revised: A tale of paradoxes and red herrings
Brunnschweiler, C. N., & Bulte, E. H. (2008) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2007.08.004 · Cited by 1,121
Political institutions and policy choices: evidence from the United States
Besley, T. (2002) · Working Paper Series · doi:10.1920/wp.ifs.2002.0213 · Cited by 577
Transparency, Political Polarization, and Political Budget Cycles in OECD Countries
Alt, J. E., & Lassen, D. D. (2006) · American Journal of Political Science · doi:10.1111/j.1540-5907.2006.00200.x · Cited by 548
Metadata
- Authors
- Persson, T., & Tabellini, G.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2004-02-01
- Volume
- 94
- Issue
- 1
- Pages
- 25-45
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2111692239
- Cited by
- 413
- References
- 2
- FWCI
- 47.41
- Type
- journal article
- Language
- en
- Open access
- closed
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