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Distribution and Politics: A Brief History and Prospect

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Abstract

A brief, historical review of the study of the interdependency between politics and economic distribution is offered. While the impact of economic interests on politics has been acknowledged for thousands of years, and the impact of politics on distribution for hundreds, it is only in the last thirty years that formal models of the interdependency between economic distribution and politics have been formulated. A general model of political-economic equilibrium is proposed, in which political competition and economic distribution jointly determine each other. Several examples are given. The author proposes that political economy, conceived of as studying this process of joint determination, is in its infancy.

Suggested Citation

  • John E. Roemer, 2004. "Distribution and Politics: A Brief History and Prospect," Cowles Foundation Discussion Papers 1487, Cowles Foundation for Research in Economics, Yale University.
    • Handle: RePEc:cwl:cwldpp:1487
    Note: CFP 1154.
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    Cited by:

    1. De Donder, Philippe & Hindriks, Jean, 2007. "Equilibrium social insurance with policy-motivated parties," European Journal of Political Economy, Elsevier, vol. 23(3), pages 624-640, September.
    2. Tsuchimoto Menkyna, Fusako, 2014. "A theory of ethnic diversity and income distribution: A legislative bargaining approach," European Journal of Political Economy, Elsevier, vol. 34(C), pages 52-67.
    3. Fırat Gündem, 2023. "Beliefs, economics, and spatial regimes in voting behavior: the Turkish case, 2007–2018," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-15, December.

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    Keywords

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    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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