Duration in Power and Happiness in the World
Désiré Avom (),
Itchoko Mwa Ndjokou (),
Pierre Tsopmo (),
Cherif Abdramane () and
Simplice Asongu
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Désiré Avom: Yaoundé, Cameroon
Itchoko Mwa Ndjokou: Maroua, Cameroon
Pierre Tsopmo: Yaoundé, Cameroon
Cherif Abdramane: Yaoundé, Cameroon
No 24/033, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.
Abstract:
This article examines the effect of leader longevity in power on world happiness. To make the assessment, a sample composed of 135 countries observed over the period 2006 to 2018 was constituted. The results obtained from OLS estimates show that longevity in power reduces individual happiness. Furthermore, the negative effect is more amplified in democratic countries. Quantile regression reveals variability in the effect over the different intervals. These results are robust to the use of alternative estimation techniques. We also identify the quality of institutions and public spending as two potential transmission channels through which longevity in power influences well-being. These results invite political authorities to respect constitutional limits or implement constitutional reforms with the aim of limiting the duration of the mandate of the executive in order to reduce the harmful effect of an extension of the latter on individuals' well-being.
Keywords: longevity in power; happiness; quality of institutions; public spending; quantile regression (search for similar items in EconPapers)
JEL-codes: D72 H31 H52 I31 (search for similar items in EconPapers)
Pages: 28
Date: 2024-01
New Economics Papers: this item is included in nep-hap and nep-pol
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Citations:
Forthcoming: Politics & Policy
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http://www.afridev.org/RePEc/agd/agd-wpaper/Durati ... ess-in-the-World.pdf Revised version, 2024 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:agd:wpaper:24/033
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