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Does Electoral Accountability Affect Economic Policy Choices? Evidence from Gubernatorial Term Limits

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NBER1993-12-01 更新2025-01-04 收录
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This paper uses data from U.S. states to investigate whether electoral accountability affects economic policy choices. We set up a model in which the possibility of being re-elected may curtail opportunistic behavior by incumbent governors. We find that facing a binding term limit affects choices on

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1993-12-01
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