Richard T. Boylan (Olin School of Business, One Brookings Drive, Washington University, St. Louis, MO 63130, USA) Richard D. McKelvey (California Institute of Technology, Division of Humanities and Social Sciences, Pasadena, CA 91125, USA) John Ledyard (California Institute of Technology, Division of Humanities and Social Sciences, Pasadena, CA 91125, USA)
Additional information is available for the following
registered author(s):
We analyze the role of political competition on the type of economic policies that are selected in a one sector model of economic growth. We identify conditions under which neoclassical optimal growth plans occur, and conditions in which political business cycles occur. We find that the ability commit to multi-period economic policy leads to less political stability of economic plans.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by Springer in its journal Economic Theory.
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Did you know? All full texts are decentralized with the publishers, none reside on this server, thus making it possible to offer this service for free to all parties.