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Full-Text Articles in Political Science

Three Essays On Government Expenditures, Song Bo Sim Jan 2013

Three Essays On Government Expenditures, Song Bo Sim

Economics Graduate Theses & Dissertations

The analyses in my dissertation are related to how government expenditures are spent and how they should be spent as a whole. In the first chapter, the evidence of manipulation of expenditure is found and the explanation with rational voter is provided. The basic idea is that two types of incumbents will spend more money in their less-preferred sector to attract median voter when they face a small chance of winning in the following election. This expectation is confirmed using a unique Korean local government data set. The fact that there have been two dominant types of parties in Korea ...


Three Essays In Political Economy, David Pinto Quintero Jan 2010

Three Essays In Political Economy, David Pinto Quintero

Economics Graduate Theses & Dissertations

Chapter 1. The Effects of Political Competition on the Feasibility of Economic Reform

This chapter shows that democracies may fail to enact desirable economic reforms even when such reforms Pareto dominate the status quo and there are no informational asymmetries. The key insight is that, even when reforms entail economic gains for all agents, electoral political losses cannot be compensated politically. Consequently, when the majority party has strong electoral support, minority parties pursue both low-gain reforms and high-gain reforms. Intermediate-gain reforms are harder to enact, since the electoral costs dominate welfare gains. In highly contested environments, only high-gain reforms succeed ...