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dc.titleResearch Insights: How Do Elections Affect Policy Outcomes?
dc.contributor.authorAruoba, S. Boragan
dc.contributor.authorDrazen, Allan
dc.contributor.authorVlaicu, Razvan
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageUnited States
dc.date.available2020-10-16T00:00:00
dc.date.issue2020-10-16T00:00:00
dc.description.abstractThe opportunity to run for reelection provides a significant incentive for incumbent U.S. governors to exert effort, creating a disciplining effect. This improves policy outcomes by 4.9 percent. Reelected governors are more aligned with voters than non-reelected governors, meaning that elections induce a selection effect. This selection improves policy outcomes by 2.9 percent. The widely used two-term election regime improves voter welfare by 4.2 percent compared to a one-term regime. Better voter information about governor effort further increases voter welfare by up to 0.5 percent.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0002765
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-How-Do-Elections-Affect-Policy-Outcomes.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-Como-influyen-las-elecciones-en-los-resultados-de-las-politicas.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPublic Policy
dc.subjectElections
dc.subjectPolicy Making
dc.subject.jelcodeD73 - Bureaucracy • Administrative Processes in Public Organizations • Corruption
dc.subject.jelcodeD72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
dc.subject.jelcodeH70 - State and Local Government • Intergovernmental Relations: General
dc.subject.jelcodeC57 - Econometrics of Games and Auctions
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00429
idb.operationBK-C1102
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