Young Politicians and Long-Term Policy

Ricardo Dahis, Ivan de las Heras () and Santiago Saavedra
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Ivan de las Heras: Department of Economics, Southern Methodist University

No 2023-17, Monash Economics Working Papers from Monash University, Department of Economics

Abstract: Policies often entail costs today but benefits only far into the future, as in climate change mitigation. An essential aspect of how this trade-off is faced relates to how young are the politicians in power. We study closely contested elections in Brazil and show that young politicians reduce deforestation and greenhouse gas emissions with no significant effects on local income. We further show that young politicians invest in long-term policy and hire more young bureaucrats. Our results suggest a cohort effect: young politicians matter not because of their age, but because they are part of a new generation.

Keywords: Climate change mitigation; Deforestation; Young politicians; Political selection (search for similar items in EconPapers)
JEL-codes: P18 Q23 Q54 (search for similar items in EconPapers)
Date: 2023-10
New Economics Papers: this item is included in nep-ene, nep-env and nep-pol
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Working Paper: Young Politicians and Long-Term Policy (2023)
Working Paper: Young Politicians and Long-Term Policy (2023)
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