Legislatures and Policy Uncertainty: Evidence from East Central Europe*

Radoslaw Zubek and Christian Stecker

Journal of Public Policy, 2010, vol. 30, issue 1, 63-80

Abstract: Relying on social choice theory, this paper argues that uncertainty regarding future public policies is likely to be related to party institutionalization and legislative organization. The argument is evaluated using survey data from businesses in eight EU member states in East Central Europe. It finds that firms report lower concern over policy uncertainty in systems with higher party institutionalization. There is also some evidence, although less robust, that restrictive parliamentary agenda control leads to lower perceptions of policy uncertainty and this effect mediates the influence of party institutionalization. These results tend to hold if one controls for the effect of other national and firm-level factors.

Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cup:jnlpup:v:30:y:2010:i:01:p:63-80_99

Access Statistics for this article

More articles in Journal of Public Policy from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().