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 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: Political ideology; economic growth; public spending; Idéologie politique; croissance économique; dépenses publiques (search for similar items in EconPapers)
Date: 2013-11
New Economics Papers: this item is included in nep-cdm, nep-gro, nep-his, nep-pbe and nep-pol
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00917617
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Published in 2013

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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 (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)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00917617

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