Political Competition and Economic Performance: Theory and Evidence from the United States

One of the most cherished propositions in economics is that market competition by and large raises consumer welfare. But whether political competition has similarly virtuous consequences is far less discussed. This paper formulates a model to explain why political competition may enhance economic pe...

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Veröffentlicht in:	NBER Working Paper Series 2005-07, p.11484
Hauptverfasser:	Sturm, Daniel M, Besley, Timothy J, Persson, Torsten
Format:	Artikel
Sprache:	eng
Schlagworte:	Competition Economic growth Economic theory Economics Election results Governors Lobbying Political Economy Politics Public Economics State elections Voting Rights Act
Online-Zugang:	Volltext
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