The industrial organization of Congress in USA and Spain: a comparative institutional analysis

Gonzalo Caballero Miguez ()

Revista de Analisis Economico – Economic Analysis Review, 2006, vol. 21, issue 2, 105-123

Abstract: The institutional and organizational details framing legislative processes are key aspects for understanding how Congresses work. From a new institutional economics perspective, this paper comparatively examines how the Spanish and USA Congresses are organized. The main purpose of the paper is to unveil the so-called "black box" factors operating in each case. The role played by property rights, hierarchy, individual deputies, leadership, transactions costs and committees will be researched. Whereas committees and decision-making rules based on a property rights system are key factors for understanding how the Congress performs in USA; in the Spanish case the most relevant explanatory factors are strong party leadership and the hierarchical rules by which political parties and parlamentary groups are organized.

Keywords: Economics of Institutions; Economic Analysis of Political Processes; Governance; Congress; New Institutional Economics (search for similar items in EconPapers)
JEL-codes: H11 L22 P16 (search for similar items in EconPapers)
Date: 2006
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