Does tenure in office affect regional growth? The role of public capital productivity

被引:5
|
作者
Garcia-Vega, Maria [1 ,2 ]
Herce, Jose A. [1 ]
机构
[1] Univ Complutense, Dpto Fundamentos Anal Econ 1, Madrid 28223, Spain
[2] GRIPICO, Madrid, Spain
关键词
Tenure in office; Public capital productivity; GDP growth; Regional governments; RE-ELECTION CONCERNS; POLITICAL INSTABILITY; POLICY CHOICES; TERM LIMITS; CORRUPTION; COMPETITION; CAREERS;
D O I
10.1007/s11127-009-9584-y
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the impact of tenure in office on economic performance. We evaluate the relationships between tenure in office and GDP growth, public capital growth, and public capital productivity using data for Spanish regions during the period 1980-1998. We find that tenure decreases the impact of public capital growth on GDP growth. Our results suggest that tenure affects GDP growth negatively through a decrease in public capital productivity.
引用
收藏
页码:75 / 92
页数:18
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