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Shades of red and blue: Political ideology and sustainable development

Listed author(s):
  • Toke S Aidt
  • Vitor Castro
  • Rodrigo Martins

We study the effect of political ideology on sustainable development, measured as investment in genuine wealth, in a dynamic panel of 79 countries between 1981 and 2013. We find that a switch from a left-wing or centrist government to a right-wing government has a robust positive and statistically significant effect on investment in genuine wealth. We find no evidence of opportunistic cycles in these investments.

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File URL: http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe1635.pdf
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Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 1635.

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Date of creation: 03 Jun 2016
Handle: RePEc:cam:camdae:1635
Note: tsa23
Contact details of provider: Web page: http://www.econ.cam.ac.uk/

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