The Economic Effects of Constitutions

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MIT Press, 2005 - Business & Economics - 306 pages
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The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy; the book is an uncompromisingly empirical sequel to their previous theoretical analysis of economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and which are contradicted by the facts. The results are based on comparisons of political institutions across countries or time, in a large sample of contemporary democracies. They find that presidential/parliamentary and majoritarian/proportional dichotomies influence several economic variables: presidential regimes induce smaller public sectors, and proportional elections lead to greater and less targeted government spending and larger budget deficits. Moreover, the details of the electoral system (such as district magnitude and ballot structure) influence corruption and structural policies toward economic growth.Persson and Tabellini's goal is to draw conclusions about the causal effects of constitutions on policy outcomes. But since constitutions are not randomly assigned to countries, how the constitutional system was selected in the first place must be taken into account. This raises challenging methodological problems, which are addressed in the book. The study is therefore important not only in its findings but also in establishing a methodology for empirical analysis in the field of comparative politics.

  

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Contents

Introduction and Overview
1
What Does Theory Say?
11
Policy Measures and Their Determinants
35
Electoral Rules and Forms of Government
73
Pitfalls and Methods
113
Variation across Countries
155
Variation across
187
Variation across Time
219
What Have We Learned?
269
Data Appendix
279
References
287
Name Index
297
Copyright

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The Economic Effects of Constitutions - The MIT Press
A broad empirical study of the "missing link" between constitutional systems and economic policy and outcomes
mitpress.mit.edu/ catalog/ item/ default.asp?ttype=2& tid=9930

THE ECONOMIC EFFECTS OF CONSTITUTIONS What do the data say?*
THE ECONOMIC EFFECTS OF. CONSTITUTIONS. What do the data say?*. Torsten Persson and Guido Tabellini. October 6, 2002. *To be published by MIT Press, ...
www.people.fas.harvard.edu/ ~iversen/ PDFfiles/ Persson& Tabellini2003.pdf

Torsten Persson and Guido Tabellini, The Economic Effects of ...
excellent review of The Economic Effects of Constitutions with the following. statement, ‘‘Political economy has now emerged as an active and flourishing ...
www.springerlink.com/ index/ K10145X87528W010.pdf

Persson, Torsten, and Guido Tabellini. The Economic Effects of ...
The Economic Effects of Constitutions from International Social Science Review in Reference provided free by Find Articles.
findarticles.com/ p/ articles/ mi_m0IMR/ is_/ ai_n15390086

Reconsidering the Economic Effects of Constitutions*
In The Economic Effects of Constitutions (TEEC), Torsten Persson and Guido Tabellini (P&T). hypothesize that electoral rules explain variations in ...
personal.lse.ac.uk/ hix/ Working_Papers/ Gabel-Hix-Reconsidering_the_Economic_Effects_of_Constitutions.pdf

SSRN-The Economic Effects of Constitutions: Replicating - and ...
SSRN-The Economic Effects of Constitutions: Replicating - and Extending - Persson and Tabellini by Lorenz Blume, Jens Müller, Stefan Voigt, Carsten Wolf.
search.ssrn.com/ sol3/ papers.cfm?abstract_id=985682

Blackwell Synergy - Economics of Transition, Volume 12 Issue 3 ...
The Economic Effects of Constitutions, Munich Lectures in Economics The Economics of Transition 12 (3), 589–592. doi:10.1111/j.0967-0750.2004.00195.x ...
www.blackwell-synergy.com/ doi/ abs/ 10.1111/ j.0967-0750.2004.00195.x

econpapers: The Economic Effects of Constitutions: Replicating ...
By Lorenz Blume, Jens Müller, Stefan Voigt and Carsten Wolf; Abstract: Persson and Tabellini (2003) show that presidential regimes and majoritarian election ...
econpapers.repec.org/ paper/ cesceswps/ _5F2017.htm

ebscohost Connection: The Economic Effects of Constitutions.
International Social Science Review: Reviews the book "The Economic Effects of Constitutions," by Torsten Persson and Guido Tabellini.
connection.ebscohost.com/ content/ article/ 1038339427.html;jsessionid=6C303041FDB467968C094AE1CD6B481B.ehctc1

The economic effects of constitutions [worldcat.org]
The economic effects of constitutions. By: Torsten Persson; Guido Enrico Tabellini. Type: English : Book : Non-fiction. Publisher: Cambridge, Mass. ...
worldcat.org/ isbn/ 9780262162197

About the author (2005)

Torsten Persson is Director of the Institute for International Economic Studies at StockholmUniversity and Centennial Professor at the London School of Economics.

Guido Tabellini is Professor of Economics at Bocconi University in Milan and President of theInnocenzo Gasparini Institute of Economic Research, also at Bocconi University.