文章基本信息

标题：Political Competition and Economic Performance: Theory and Evidence from the United States
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作者：Timothy Besley ; Torsten Persson ; Daniel M. Sturm 等
期刊名称：Japanese Studies Programme Papers
出版年度：2005
出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：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 performance and uses the United States as a testing ground for the model's implications. It finds statistically robust evidence that political competition has quantitatively important effects on state income growth, state policies, and the quality of Governors