Endogenous political competition and political accountability |
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Authors: | Miltiadis Makris |
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Institution: | aDepartment of Economics, University of Leicester, University Road, Leicester, LE1 7RH, United Kingdom |
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Abstract: | We contribute to the debate over the effectiveness of elections in motivating incumbents to perform well. We show that with endogenous political competition the effectiveness of democracy in disciplining officials can be largely diminished. |
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Keywords: | Political competition Retrospective voting Citizen-candidate Rent-seeking |
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