The impact of voter initiatives on economic activity
AbstractThis paper investigates the implications of how states with initiative systems of legislation can use this more direct form of democracy to improve productive resource allocation by their goverments. We construct a simple growth model whereby we can identify this channel through which initiatives play an important role in determining economic activity.
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Bibliographic InfoArticle provided by Elsevier in its journal European Journal of Political Economy.
Volume (Year): 20 (2004)
Issue (Month): 1 (March)
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Web page: http://www.elsevier.com/locate/inca/505544
Other versions of this item:
- Blomberg, S.B. & Hess, G.D., 1999. "The Impact of Voter Initiatives on Economic Activity," Papers 99-11, Wellesley College - Department of Economics.
- H1 - Public Economics - - Structure and Scope of Government
- H5 - Public Economics - - National Government Expenditures and Related Policies
- H8 - Public Economics - - Miscellaneous Issues
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