Gonzalo Caballero Miguez () (Instituto Federal Electoral)
Abstract
The institutional and organizational details framing legislative processes are key aspects for understanding how Congresses work. From a new institutional economics perspective, this paper comparatively examines how the Spanish and USA Congresses are organized. The main purpose of the paper is to unveil the so-called “black box” factors operating in each case. The role played by property rights, hierarchy, individual deputies, leadership, transactions costs and committees will be researched. Whereas committees and decision-making rules based on a property rights system are key factors for understanding how the Congress performs in USA; in the Spanish case the most relevant explanatory factors are strong party leadership and the hierarchical rules by which political parties and parlamentary groups are organized.
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Article provided by Ilades-Georgetown University, Economics Department in its journal Revista de Analisis Economico.
Volume (Year): 21 (2006) Issue (Month): 2 (December) Pages: 105-123 Download reference. The following formats are available: HTML,
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Find related papers by JEL classification: H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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