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Distributive politics and economic growth: the Markovian Stackelberg solution

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  • Ines Lindner
  • Holger Strulik

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Abstract

We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter. Copyright Springer-Verlag Berlin/Heidelberg 2004

Suggested Citation

  • Ines Lindner & Holger Strulik, 2004. "Distributive politics and economic growth: the Markovian Stackelberg solution," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(2), pages 439-444, January.
  • Handle: RePEc:spr:joecth:v:23:y:2004:i:2:p:439-444
    DOI: 10.1007/s00199-003-0367-2
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    Cited by:

    1. repec:gam:jsusta:v:9:y:2017:i:9:p:1600-:d:111361 is not listed on IDEAS
    2. Kirill Borissov & Mikhail Pakhnin, 2018. "Economic growth and property rights on natural resources," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(2), pages 423-482, March.
    3. Edgar J. Sanchez Carrera, 2012. "On feedback nash equilibrium and cooperation in the neoclassical growth model," EconoQuantum, Revista de Economia y Negocios, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 9(2), pages 29-43, Julio-Dic.
    4. Halkos, George, 2008. "A Stackelberg Model on Taxing Polluting Firms," MPRA Paper 23741, University Library of Munich, Germany.
    5. George E. Halkos & George J. Papageorgiou, 2012. "Pollution Control Policy: A Dynamic Taxation Scheme," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 6(1), pages 14-37, March.

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