The economic effects of constitutions
"The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and whic...
| Main Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
Cambridge, Mass.
MIT Press
2003
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| Series: | Munich lectures in economics
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| Subjects: | |
| Online Access: | |
| Collection: | MIT Press eBook Archive - Collection details see MPG.ReNa |
| Summary: | "The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and which are contradicted by the facts. The results are based on comparisons of political institutions across countries or time, in a large sample of contemporary democracies. They find that presidential/parliamentary and majoritarian/proportional dichotomies influence several economic variables: presidential regimes induce smaller public sectors, and proportional elections lead to greater and less-targeted government spending and larger budget deficits Moreover, the details of the electoral system (such as district magnitude and ballot structure) influence corruption and structural policies toward economic growth."--Jacket |
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| Physical Description: | xiii, 306 pages 1 map |
| ISBN: | 9780585481128 0585481121 9780262281423 0262281422 |