You Get What You Vote For: Electoral Determinants of Economic Freedom
AbstractWhile several cross-sectional studies (La Porta et. al. 2002, Norton 2002) examine institutional and cultural determinants of economic freedom, changes in economic freedom remain unexamined. I construct a measure of median voter preferences and find changes in voter preferences for economic freedom to be a significant determinant of changes in economic freedom in a panel of 25 OECD countries. The voter preference measure is robust to several alternative specifications, including the addition of institutional variables.
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Bibliographic InfoPaper provided by EconWPA in its series Public Economics with number 0211003.
Length: 21 pages
Date of creation: 13 Nov 2002
Date of revision:
Note: Type of Document - pdf; pages: 21 ; figures: tables included. This paper contains some initial results that will be included in the second chapter of my dissertation. The paper is forthcoming in the Journal of Private Enterprise. I am expanding on this work; comments and suggestions are quite welcome.
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Economic Freedom; Median Voter; Manifesto Data; Voter Preferences;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-11-18 (All new papers)
- NEP-CDM-2002-11-18 (Collective Decision-Making)
- NEP-PBE-2002-11-18 (Public Economics)
- NEP-POL-2002-11-18 (Positive Political Economics)
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