Economics at your fingertips  

A Structural Model of Electoral Accountability

S. Boragan Aruoba (), Allan Drazen () and Razvan Vlaicu

No 21151, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper proposes a structural approach to measuring the effects of electoral accountability. We estimate a political agency model with imperfect information in order to identify and quantify discipline and selection effects, using data on U.S. governors for 1982-2012. We find that the possibility of reelection provides a significant incentive for incumbents to exert effort. We also find a selection effect, although it is weaker in terms of its effect on average governor performance. According to our model, the widely-used two-term regime improves voter welfare by 4.2% compared to a one-term regime, and find that a three-term regime may improve voter welfare even further.

JEL-codes: D72 D73 H70 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pol
Date: 2015-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Published as S. Borağan Aruoba & Allan Drazen & Razvan Vlaicu, 2018. "A STRUCTURAL MODEL OF ELECTORAL ACCOUNTABILITY," International Economic Review, .

Downloads: (external link) (application/pdf)

Related works:
Working Paper: A Structural Model of Electoral Accountability (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

Page updated 2019-05-25
Handle: RePEc:nbr:nberwo:21151