Reconsidering the fiscal effects of constitutions
AbstractThis paper reconsiders Persson and Tabellini's (2003, 2004) analysis of the causal effect of constitution type on government size. It addresses the concerns of Acemoglu (2005) and makes some measurement and methodological refinements to the identification strategy to argue there is a qualitatively large and statistically significant relationship between constitution type and government size. The age of a democracy is of increased importance in the new identification strategy, but existing measures of when countries became democracies are shown to be flawed. Two new measures of the age of a democracy are introduced. The first details when a country first had a genuinely democratic election, the second when its current constitution was promulgated.
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Bibliographic InfoArticle provided by Elsevier in its journal European Journal of Political Economy.
Volume (Year): 28 (2012)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/505544
Government spending; Constitutions; Instrumental variables;
Other versions of this item:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H10 - Public Economics - - Structure and Scope of Government - - - General
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