Political dynasties and poverty: Resolving the “chicken or the egg” question
AbstractPolitical dynasties—members of the same family occupying elected positions sequentially for the same position or simultaneously across different positions—have become a common feature in many developing countries with democratic political systems. In the Philippines, for instance, political dynasties are prevalent in poorer regions, which lead to the following query: does poverty bring about political dynasties, or do political dynasties engender poverty? Using an instrumental variable technique to analyze metrics on political dynasties, we find strong evidence that poverty entrenches political dynasties but weak evidence that political dynasties reduce or exacerbate poverty.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 53361.
Date of creation: 01 Feb 2014
Date of revision:
democracy; political dynasty; inclusive growth; political equality; social inequality;
Other versions of this item:
- Mendoza, Ronald & Beja Jr, Edsel & Venida, Victor & Yap, David, 2013. "Political dynasties and poverty: Resolving the “chicken or the egg” question," MPRA Paper 48380, University Library of Munich, Germany.
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
- I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-02-08 (All new papers)
- NEP-CDM-2014-02-08 (Collective Decision-Making)
- NEP-POL-2014-02-08 (Positive Political Economics)
- NEP-SEA-2014-02-08 (South East Asia)
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