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Political Ideology and Economic Freedom

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Author Info
Bjørnskov, Christian () (Department of Economics, Aarhus School of Business)

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Abstract

This paper examines the association between political ideology and the size of government and quality of the legal system and regulations. A cross-country indicator of government and citizen ideology is presented. Empirical results suggest that ideologically leftwing governments increase the size of government while the long-term ideological convictions of citizens affect the size of government and the quality of the legal system and regulations. These effects depend on the degree of political competition while ideology also affects countries’ institutional response to economic crisis.

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Publisher Info
Paper provided by University of Aarhus, Aarhus School of Business, Department of Economics in its series Working Papers with number 05-8.

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Length: 44 pages
Date of creation: 01 Jan 2005
Date of revision:
Handle: RePEc:hhs:aareco:2005_008

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Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
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Web page: http://www.asb.dk/departments/nat.aspx
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Related research
Keywords: Political Economy; Institutional Quality; Ideology; Social Norms;

Find related papers by JEL classification:
P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology

This paper has been announced in the following NEP Reports:

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