Shades of red and blue: Political ideology and sustainable development

Toke Aidt, Vitor Castro and Rodrigo Martins

No 8/2016, NIPE Working Papers from NIPE - Universidade do Minho

Abstract: We study the effect of political ideology on sustainable development, measured as investment in genuine wealth, in a dynamic panel of 79 countries between 1981 and 2013. We find that a switch from a left-wing or centrist government to a right-wing government has a robust positive and statistically significant effect on investment in genuine wealth. We find no evidence of opportunistic cycles in these investments.

Keywords: Sustainable development, Political ideology; Genuine investment. (search for similar items in EconPapers)
JEL-codes: C23 D72 I31 O15 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-net and nep-pol
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Citations: View citations in EconPapers (3)

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Working Paper: Shades of red and blue: Political ideology and sustainable development (2016)
Working Paper: Shades of red and blue: Political ideology and sustainable development (2016)
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