Testing for Political Effects on Total Factor Productivity
AbstractWe test the effects of different combinations of parties simultaneously holding office in the central and regional governments on regional economic growth. We hypothesize that if such effects indeed exist, they should accrue through total factor productivity (T F P ). Using panel data for the Spanish regions over the 1988-2004 period, we find no effects of any combinations of parties on T F P growth rate. Our results are robust to different methods of estimation and different measures of T F P and could have a twofold interpretation. On the one hand, they could shed light on the consolidation of the governmental institutions of the Spanish federal state model. On the other hand, they could suggest, as shown by previous literature, that political effects on real economy could mainly accrue through aggregate demand policies.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economic Theory and Economic History of the University of Granada. in its series ThE Papers with number 09/13.
Length: 20 pages
Date of creation:
Date of revision:
Growth Accounting; Panel Data; Pork Barrel Politics; Partisan Theory.;
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.:
- Antonio Ciccone & Robert E. Hall, 1995.
"Productivity and the density of economic activity,"
Economics Working Papers
120, Department of Economics and Business, Universitat Pompeu Fabra.
- David Aschauer, 1988.
"Is public expenditure productive?,"
88-7, Federal Reserve Bank of Chicago.
- Matthew Cole & Eric Neumayer, 2006.
"The impact of poor health on total factor productivity,"
Journal of Development Studies,
Taylor & Francis Journals, vol. 42(6), pages 918-938.
- Eric Neumayer & Matthew A. Cole, 2003. "The Impact of Poor Health on Total Factor Productivity," HEW 0312001, EconWPA, revised 02 Nov 2004.
- Alesina, Alberto F & Roubini, Nouriel, 1990.
"Political Cycles in OECD Economies,"
CEPR Discussion Papers
470, C.E.P.R. Discussion Papers.
- Hibbs, Douglas Jr., 1992. "Partisan theory after fifteen years," European Journal of Political Economy, Elsevier, vol. 8(3), pages 361-373, October.
- Antonio Alvarez, 2007. "Decomposing regional productivity growth using an aggregate production frontier," The Annals of Regional Science, Springer, vol. 41(2), pages 431-441, June.
- C. Alicia Avilés Zugasti & Rosario Gómez García & José Sánchez Maldonado, 2001. "The effects of public infrastructure on the cost structure of Spanish industries," Spanish Economic Review, Springer, vol. 3(2), pages 131-150.
- Antonio Ciccone, 1998.
"Agglomeration-effects in Europe,"
Economics Working Papers
499, Department of Economics and Business, Universitat Pompeu Fabra, revised Aug 1999.
- Julio Martínez-Galarraga & Elisenda Paluzie & Jordi Pons & Daniel A. Tirado-Fabregat, 2008. "Agglomeration and labour productivity in Spain over the long term," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 2(3), pages 195-212, October.
- Avinash Dixit, 2009. "Governance Institutions and Economic Activity," American Economic Review, American Economic Association, vol. 99(1), pages 5-24, March.
- Rivera, Berta & Currais, Luis, 2004. "Public Health Capital and Productivity in the Spanish Regions: A Dynamic Panel Data Model," World Development, Elsevier, vol. 32(5), pages 871-885, May.
- Ezequiel Uriel Jiménez & Francisco Pérez García & Matilde Mas Ivars & Joaquín Maudos Villarroya, 1995.
"Infrastructures And Productivity In The Spanish Regions,"
Working Papers. Serie EC
1995-10, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Matilde Mas & Joaquin Maudos & Francisco Perez & Ezequiel Uriel, 1996. "Infrastructures and Productivity in the Spanish Regions," Regional Studies, Taylor & Francis Journals, vol. 30(7), pages 641-649.
- Maria del Mar Salinas Jiménez, 2003. "Efficiency and TFP Growth in the Spanish Regions: The Role of Human and Public Capital," Growth and Change, Gatton College of Business and Economics, University of Kentucky, vol. 34(2), pages 157-174.
- Barro, Robert J, 1999.
" Notes on Growth Accounting,"
Journal of Economic Growth,
Springer, vol. 4(2), pages 119-37, June.
- Lourens Broersma & Jouke van Dijk, 2008. "The effect of congestion and agglomeration on multifactor productivity growth in Dutch regions," Journal of Economic Geography, Oxford University Press, vol. 8(2), pages 181-209, March.
- Per Pettersson-Lidbom, 2008. "Do Parties Matter for Economic Outcomes? A Regression-Discontinuity Approach," Journal of the European Economic Association, MIT Press, vol. 6(5), pages 1037-1056, 09.
- Roubini, Nouriel & Alesina, Alberto, 1992. "Political Cycles in OECD Economies," Scholarly Articles 4553025, Harvard University Department of Economics.
- Alesina, Alberto, 1987. "Macroeconomic Policy in a Two-party System as a Repeated Game," Scholarly Articles 4552531, Harvard University Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angel Solano Garcia.).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.