The Impact of Voter Initiatives on Economic Activity
Stephen Blomberg and
Gregory Hess
Working Papers from Wellesley College - Department of Economics
Abstract:
This paper investigates the implications of how states with initiative systems of legislation can use this more direct form of democracy to improve productive resource allocation by their goverments. We construct a simple growth model whereby we can identify this channel through which initiatives play an important role in determining economic activity.
Keywords: ECONOMIC GROWTH; TAXATION; VOTING (search for similar items in EconPapers)
JEL-codes: H1 H5 H8 (search for similar items in EconPapers)
Pages: 19 pages
Date: 1999
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Citations: View citations in EconPapers (6)
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Journal Article: The impact of voter initiatives on economic activity (2004) 
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wecoec:99-11
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