Endogenous Constitutions: Politics and Politicians Matter, Economic Outcomes Don’t
AbstractWe study changes in the form of government as an example of endogenously determined constitutions. For a sample of 202 countries over the period 1950–2006, we find that most changes are relatively small and roughly equally likely to be either in the direction of more parliamentarian or more presidential systems. Based on a fixed effects ordered logit panel data model estimated over the period 1951–2000 for 146 countries, we find that such changes in the constitution can be explained by characteristics of the political system, internal and external political conflicts, and political leaders, whereas economic and socio-demographic variables do not matter.
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Bibliographic InfoPaper provided by Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) in its series MAGKS Papers on Economics with number 201027.
Length: 31 pages
Date of creation: 2010
Date of revision:
Publication status: Forthcoming in
Constitutional change; form of government; endogenous constitutions; separation of powers; relevance of leaders;
Other versions of this item:
- Hayo, Bernd & Voigt, Stefan, 2013. "Endogenous constitutions: Politics and politicians matter, economic outcomes don’t," Journal of Economic Behavior & Organization, Elsevier, vol. 88(C), pages 47-61.
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
- P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-30 (All new papers)
- NEP-CDM-2010-10-30 (Collective Decision-Making)
- NEP-POL-2010-10-30 (Positive Political Economics)
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.:
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