Political Competition and the Study of Public Economics

Stanley L. Winer, J. Stephen Ferris (Carleton University, Ottawa)

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English

Cambridge University Press
06 October 2022

Public administration; Political economy; Public finance

Series: Elements in Public Economics

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 the intensity of political competition be measured, why and how does it vary in mature democracies, and what are the consequences? This Element considers how answers to these questions can be approached, while also illustrating some of the interesting theoretical and empirical work that has been done on them.

By: Stanley L. Winer, J. Stephen Ferris (Carleton University, Ottawa)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 228mm, Width: 152mm, Spine: 6mm
Weight: 139g
ISBN: 9781009001694
ISBN 10: 1009001698
Series: Elements in Public Economics
Pages: 75
Publication Date: 06 October 2022
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

1. Political economy in the study of public policy; 2. Thinking generally about economic and political competition; 3. Thinking generally about economic and political competition; 4. Electoral competition and economic welfare; 5. What can go wrong?; 6. Fiscal structure; 7. Political competitiveness; 8. In conclusion; References.