Do Elections Matter for Economic Performance
In mature democracies, elections discipline leaders to deliver good economic performance. Since the fall of the Soviet Union most developing countries also hold elections, but these are often marred by illicit tactics. Using a new global data set, this paper investigates whether these illicit tactics are merely blemishes or substantially undermine the economic efficacy of elections. We show that illicit tactics are widespread, and that they reduce the incentive for governments to deliver good economic performance. Revisiting the celebrated result that 'leaders matter', we show that it is dependent upon the absence of clean elections: changes of leader matter a lot in systems without clean elections, whereas in those with clean elections they are not significant.
|Date of creation:||01 Nov 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Manor Rd. Building, Oxford, OX1 3UQ|
Web page: http://www.economics.ox.ac.uk/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:dau:papers:123456789/4315 is not listed on IDEAS
- Sidman, Andrew H. & Mak, Maxwell & Lebo, Matthew J., 2008. "Forecasting non-incumbent presidential elections: Lessons learned from the 2000 election," International Journal of Forecasting, Elsevier, vol. 24(2), pages 237-258.
- Benjamin F. Jones & Benjamin A. Olken, 2005. "Do Leaders Matter? National Leadership and Growth Since World War II," The Quarterly Journal of Economics, Oxford University Press, vol. 120(3), pages 835-864.
- Timothy Besley & Torsten Persson, 2009.
"The Origins of State Capacity: Property Rights, Taxation, and Politics,"
American Economic Review,
American Economic Association, vol. 99(4), pages 1218-44, September.
- Timothy Besley & Torsten Persson, 2007. "The Origins of State Capacity: Property Rights, Taxation, and Politics," NBER Working Papers 13028, National Bureau of Economic Research, Inc.
- Timothy Besley & Torsten Persson, 2009. "The origins of state capacity: property rights, taxation and politics," LSE Research Online Documents on Economics 33768, London School of Economics and Political Science, LSE Library.
- Besley, Timothy J. & Persson, Torsten, 2007. "The Origins of State Capacity: Property Rights, Taxation, and Politics," CEPR Discussion Papers 6370, C.E.P.R. Discussion Papers.
- Andrew Leigh, 2009.
"Does the World Economy Swing National Elections?,"
Oxford Bulletin of Economics and Statistics,
Department of Economics, University of Oxford, vol. 71(2), pages 163-181, 04.
When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:csae-wps/2010-35. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monica Birds)
If references are entirely missing, you can add them using this form.