Political Ideology and Economic Growth: Evidence from the French Democracy

François Facchini and Mickaël Melki (mickael.melki@malix.univ-paris1.fr)
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Mickaël Melki: Centre d'Economie de la Sorbonne, https://centredeconomiesorbonne.cnrs.fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

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 (search for similar items in EconPapers)
JEL-codes: E6 H11 O43 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2013-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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ftp://mse.univ-paris1.fr/pub/mse/CES2013/13077.pdf (application/pdf)

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)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:13077

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