Economic Efficiency, Political Institutions and Policy Analysis.c
AbstractThe authors focus on the implications for policy research and advice if they adopt either a strictly economic perspective or if they extend theoretical modeling to include political behavior and to account for the existence of political institutions. They examine the nature of policy analysis in models centering on a social planner, on expected vote maximization, and on majoritarian choices subject to possible instability of outcomes. Special attention is given to the treatment of project evaluation, budget size, tax structure and reform in the different perspectives, and to the meaning of efficiency in a context that includes political behavior and institutions. Copyright 1993 by WWZ and Helbing & Lichtenhahn Verlag AG
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Bibliographic InfoPaper provided by Carleton - School of Public Administration in its series Papers with number 10.
Length: 25 pages
Date of creation: 1991
Date of revision:
political systems ; economic models;
Other versions of this item:
- Hettich, Walter & Winer, Stanley L, 1993. "Economic Efficiency, Political Institutions and Policy Analysis," Kyklos, Wiley Blackwell, vol. 46(1), pages 3-25.
- Walter Hettich & Stanely Winer, 1991. "Economic Efficiency, Political Institutions and Policy Analysis," Carleton Economic Papers 91-10, Carleton University, Department of Economics, revised 1993.
- H00 - Public Economics - - General - - - General
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- Eggertsson, Thrainn, 1997. "The old theory of economic policy and the new institutionalism," World Development, Elsevier, vol. 25(8), pages 1187-1203, August.
- Wolfgang Weigel, 1999. "Ratgeber und Ratsuchende in der Wirtschaftspolitik," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 25(2), pages 201-216.
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