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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6164 |
DP6164 Political Careers or Career Politicians? | |
Antonio Merlo; Andrea Mattozzi | |
发表日期 | 2007-03-02 |
出版年 | 2007 |
语种 | 英语 |
摘要 | We analyze the impact of micro-founded political institutions on economic growth in an overlapping-generations economy, where individuals differ in preferences over a public good (as well as in age). Labour and capital taxes finance the public good and a public input. The benchmark institution is a parliament, where all decisions are taken. Party entry, parliamentary composition, coalition formation, and bargaining are endogenous. We compare this constitution to delegation of decision-making, where a spending minister (elected in parliament or appointed by the largest party). Delegation of decision-making tends to yield lower growth, mainly due to the occurrence of production inefficiency. |
主题 | Public Economics |
关键词 | Bargaining Endogenous growth Overlapping generations Taxation Voting |
URL | https://cepr.org/publications/dp6164 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535002 |
推荐引用方式 GB/T 7714 | Antonio Merlo,Andrea Mattozzi. DP6164 Political Careers or Career Politicians?. 2007. |
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