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Title:
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Do re-election probabilities influence public investment?
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Author:
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Fiva, Jon H.; Natvik, Gisle James
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Notes:
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We identify exogenous variation in incumbent policymakers’ re-election probabilities and explore empirically how this variation affects their investments in physical capital. Our results indicate that a higher re-election probability leads to higher investments, particularly in the purposes preferred more strongly by the incumbents. This aligns with a theoretical framework where political parties disagree about which públic goods to produce using labor and predetermined public capital. |
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Subject(s):
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-Política econòmica
-Sociologia electoral
-Inversions
-Economic policy
-Voting research
-Investments |
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Rights:
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cc-by-nc-nd, (c) Fiva et al., 2009
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
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Document type:
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Working Paper |
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Published by:
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Institut d’Economia de Barcelona
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Share:
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