Political dynasties and poverty: Resolving the “chicken or the egg” question

Ronald Mendoza, Edsel Beja , Victor Venida and David Yap

MPRA Paper from University Library of Munich, Germany

Abstract: Political dynasties—members of the same family occupying elected positions sequentially for the same position or simultaneously across different positions—have become a common feature in many developing countries with democratic political systems. In the Philippines, for instance, political dynasties are prevalent in poorer regions, which lead to the following query: does poverty bring about political dynasties, or do political dynasties engender poverty? Using an instrumental variable technique to analyze metrics on political dynasties, we find strong evidence that poverty entrenches political dynasties but weak evidence that political dynasties reduce or exacerbate poverty.

Keywords: democracy; political dynasty; inclusive growth; political equality; social inequality (search for similar items in EconPapers)
JEL-codes: D70 I39 O53 P16 (search for similar items in EconPapers)
Date: 2014-02-01
New Economics Papers: this item is included in nep-cdm, nep-pol and nep-sea
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Related works:
Working Paper: Political dynasties and poverty: Resolving the “chicken or the egg” question (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:53361

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