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来源类型Working Paper
规范类型报告
DOI10.3386/w29766
来源IDWorking Paper 29766
Electoral Turnovers
Benjamin Marx; Vincent Pons; Vincent Rollet
发表日期2022-02-21
出版年2022
语种英语
摘要In most national elections, voters face a key choice between continuity and change. Electoral turnovers occur when the incumbent candidate or party fails to win reelection. To understand how turnovers affect national outcomes, we study the universe of presidential and parliamentary elections held since 1945. We document the prevalence of turnovers over time and estimate their effects on economic performance, trade, human development, conflict, and democracy. Using a close-elections regression discontinuity design (RDD) across countries, we show that turnovers improve country performance. These effects are not driven by differences in the characteristics of challengers, or by the fact that challengers systematically increase the level of government intervention in the economy. Electing new leaders leads to more policy change, it improves governance, and it reduces perceived corruption, consistent with the expectation that recently elected leaders exert more effort due to stronger reputation concerns.
主题Microeconomics ; Welfare and Collective Choice ; Development and Growth ; Growth and Productivity ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w29766
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/587440
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GB/T 7714
Benjamin Marx,Vincent Pons,Vincent Rollet. Electoral Turnovers. 2022.
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