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Political competition and the study of public economics / Stanley L. Winer, J. Stephen Ferris.

By: Contributor(s): Material type: TextSeries: Cambridge elements. Elements in public economicsPublisher: Cambridge : Cambridge University Press, 2022Description: 1 online resource (84 pages) : digital, PDF file(s)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781009006149 (ebook)
Subject(s): Additional physical formats: Print version: : No titleDDC classification:
  • 336 23
LOC classification:
  • HJ141 .W56 2022
Online resources: Summary: Why is an understanding of political competition essential for the study of public economics and public policy generally? How can political competition be described and understood, and how does it differ from its strictly economic counterpart? What are the implications of the fact that policy proposals in a democracy must always pass a political test? What are the strengths and weaknesses of electoral competition as a mechanism for the allocation of economic resources? Why are tax structures in democratic polities so complicated, and what implications follow from this for normative views about good policy choice? How can we measure the intensity of political competition, why and how does it vary in mature democracies, and what are the consequences? This Element considers the approach to answer these questions, while also illustrating some of the interesting theoretical and empirical work that has been done on them.
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eBooks Central Library Economics Available EB0833

Title from publisher's bibliographic system (viewed on 08 Sep 2022).

Why is an understanding of political competition essential for the study of public economics and public policy generally? How can political competition be described and understood, and how does it differ from its strictly economic counterpart? What are the implications of the fact that policy proposals in a democracy must always pass a political test? What are the strengths and weaknesses of electoral competition as a mechanism for the allocation of economic resources? Why are tax structures in democratic polities so complicated, and what implications follow from this for normative views about good policy choice? How can we measure the intensity of political competition, why and how does it vary in mature democracies, and what are the consequences? This Element considers the approach to answer these questions, while also illustrating some of the interesting theoretical and empirical work that has been done on them.

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