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dc.titleResearch Insights: Do the Economic Effects of Constitutions Depend on the Degree of Institutionalization?
dc.contributor.authorCaruso, Germán
dc.contributor.authorScartascini, Carlos
dc.contributor.authorTommasi, Mariano
dc.contributor.orgunitConnectivity, Markets and Finance Division
dc.coverageLatin America and the Caribbean
dc.date.available2023-08-07T00:08:00
dc.date.issue2023-08-07T00:08:00
dc.description.abstractIf politics is conducted largely outside of formal arenas, political institutions may not play a very large role in determining policy outcomes. We propose a new index of institutionalization to capture how much policymaking takes place in formal arenas. We find that previous conclusions on the economic effects of constitutionally established majoritarian electoral systems and presidential forms of government are applicable only to countries with high levels of institutionalization.
dc.format.extent4
dc.identifier.doihttp://dx.doi.org/10.18235/0005049
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Research-Insights-Do-the-Economic-Effects-of-Constitutions-Depend-on-the-Degree-of-Institutionalization.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Perspectivas-de-investigacion-dependen-los-efectos-economicos-de-las-constituciones-en-el-grado-de-institucionalizacion.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectPolitical Economy
dc.subjectConstitution
dc.subjectPolitical Institution
dc.subjectPublic Policy
dc.subjectElections
dc.subjectEconomy
dc.subjectFiscal Policy
dc.subjectSocial Welfare
dc.subjectPublic Expenditure
dc.subjectProductivity
dc.subjectLegislature
dc.subjectGovernment Budget
dc.subjectBudget Management
dc.subjectEconomic Policy
dc.subject.jelcodeD78 - Positive Analysis of Policy Formulation and Implementation
dc.subject.jelcodeD72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior
dc.subject.jelcodeD73 - Bureaucracy • Administrative Processes in Public Organizations • Corruption
dc.subject.jelcodeH60 - National Budget, Deficit, and Debt: General
dc.subject.jelcodeH62 - Deficit • Surplus
dc.subject.jelcodeH20 - Taxation, Subsidies, and Revenue: General
dc.subject.keywordsInstitutionalization;Composition of Government Expenditures
dc.typeCatalogs and Brochures
idb.identifier.pubnumberIDB-CB-00791
idb.operationBK-C1102
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