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Young Politicians and Long-Term Policy

Author

Listed:
  • Ricardo Dahis

    (Department of Economics, Monash University)

  • Ivan de las Heras

    (Department of Economics, Southern Methodist University)

  • Santiago Saavedra

    (Department of Economics, Universidad del Rosario)

Abstract

Policies often entail costs today but benefits only far into the future, as in climate change mitigation. An essential aspect of how this trade-off is faced relates to how young are the politicians in power. We study closely contested elections in Brazil and show that young politicians reduce deforestation and greenhouse gas emissions with no significant effects on local income. We further show that young politicians invest in long-term policy and hire more young bureaucrats. Our results suggest a cohort effect: young politicians matter not because of their age, but because they are part of a new generation.

Suggested Citation

  • Ricardo Dahis & Ivan de las Heras & Santiago Saavedra, 2023. "Young Politicians and Long-Term Policy," Monash Economics Working Papers 2023-17, Monash University, Department of Economics.
    • Handle: RePEc:mos:moswps:2023-17
    as

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    References listed on IDEAS

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    1. Sebastian Calonico & Matias D. Cattaneo & Rocio Titiunik, 2014. "Robust data-driven inference in the regression-discontinuity design," Stata Journal, StataCorp LP, vol. 14(4), pages 909-946, December.
    2. Alberto Alesina & Traviss Cassidy & Ugo Troiano, 2019. "Old and Young Politicians," Economica, London School of Economics and Political Science, vol. 86(344), pages 689-727, October.
    3. Andrew Gelman & Guido Imbens, 2019. "Why High-Order Polynomials Should Not Be Used in Regression Discontinuity Designs," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 37(3), pages 447-456, July.
    4. Bragança, Arthur & Dahis, Ricardo, 2022. "Cutting special interests by the roots: Evidence from the Brazilian Amazon," Journal of Public Economics, Elsevier, vol. 215(C).
    5. Burgess, Robin & Costa, Francisco J M & Olken, Ben, 2019. "The Brazilian Amazon’s Double Reversal of Fortune," SocArXiv 67xg5, Center for Open Science.
    6. Matias D. Cattaneo & Nicolas Idrobo & Rocio Titiunik, 2019. "A Practical Introduction to Regression Discontinuity Designs: Foundations," Papers 1911.09511, arXiv.org.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Climate change mitigation; Deforestation; Young politicians; Political selection;
    All these keywords.

    JEL classification:

    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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