Political Ideology and Economic Growth: Evidence from the French Democracy

François Facchini and Mickael Melki

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Abstract: We provide a test of the impact of voters' political ideology on economic growth and of the role of preferences for government size as a transmission channel. We focus on France from the beginning of its stable democratic experience in 1871. A move of voters' ideology to the right increases economic growth over the total observation period. However, the growth effect of ideology is mediated by voters' preferences for government size only during the post-World War II period. For reverse causality concerns, we use the political ideology of other historical democracies as an instrument variable for France's ideology.

Keywords: economic growth; France; ideology; public spending (search for similar items in EconPapers)
Date: 2014-05-28
Note: View the original document on HAL open archive server: https://hal.science/hal-01286702
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Citations: View citations in EconPapers (10)

Published in Economic Inquiry, 2014, 52 (4), pp.1408-1426. ⟨10.1111/ecin.12100⟩

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Related works:
Journal Article: POLITICAL IDEOLOGY AND ECONOMIC GROWTH: EVIDENCE FROM THE FRENCH DEMOCRACY (2014)
Working Paper: Political Ideology and Economic Growth: Evidence from the French Democracy (2014)
Working Paper: Political Ideology and Economic Growth: Evidence from the French Democracy (2013)
Working Paper: Political Ideology and Economic Growth: Evidence from the French Democracy (2013)
Working Paper: Political Ideology and Economic Growth: Evidence from the French Democracy (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01286702

DOI: 10.1111/ecin.12100

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