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The Impact of Voter Initiatives on Economic Activity

Author

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  • Blomberg, S.B.
  • Hess, G.D.

Abstract

This paper investigates the implications of how states with initiative systems of legislation can use this more direct form of democracy to improve productive resource allocation by their goverments. We construct a simple growth model whereby we can identify this channel through which initiatives play an important role in determining economic activity.

Suggested Citation

  • Blomberg, S.B. & Hess, G.D., 1999. "The Impact of Voter Initiatives on Economic Activity," Papers 99-11, Wellesley College - Department of Economics.
    • Handle: RePEc:fth:wecoec:99-11
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    References listed on IDEAS

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    More about this item

    Keywords

    ECONOMIC GROWTH ; TAXATION ; VOTING;
    All these keywords.

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H8 - Public Economics - - Miscellaneous Issues

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