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Partisan Alignment Effects on Total Factor Productivity

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  • Henry Aray

Abstract

A ray H. Partisan alignment effects on total factor productivity, Regional Studies . Unlike the literature on political effects on real economy that suggests that partisan effects accrue through aggregate demand, it is hypothesized that such effects could also accrue through aggregate supply. Using panel data for the Spanish regions over the 1986-2010 period, the main results are: (1) partisan alignment effects only arise when central government enjoys a majority; (2) there exist a positive contemporaneous effect and negative lagged effects; and (3) in absolute value, such effects vanish over time. Results are robust to different specifications and measures of total factor productivity (TFP) and methods of estimation.

Suggested Citation

  • Henry Aray, 2016. "Partisan Alignment Effects on Total Factor Productivity," Regional Studies, Taylor & Francis Journals, vol. 50(1), pages 154-167, January.
    • Handle: RePEc:taf:regstd:v:50:y:2016:i:1:p:154-167
    DOI: 10.1080/00343404.2014.910594
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    4. Henry Aray & Luis Pedagua, 2021. "Decentralization and economic growth: Evidence across states of some relevant macroeconomic variables," ThE Papers 21/08, Department of Economic Theory and Economic History of the University of Granada..

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