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SSRN Electronic Journal
Article . 2005 . Peer-reviewed
Data sources: Crossref
EconStor
Research . 2005
Data sources: EconStor
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Political Cycles: The Opposition Advantage

Authors: Pascal Gautier; Raphael Soubeyran;

Political Cycles: The Opposition Advantage

Abstract

We propose a two dimensional infinite horizon model of public consumption in which investments are decided by a winner-take-all election. Investments in the two public goods create a linkage across periods and parties have different specialities. We show that the incumbent party vote share decreases the longer it stays in power. Parties chances of winning do not converge and, when the median voter is moderate enough, no party can maintain itself in power for ever. Finally, the more parties are specialized and the more public policies have long-term effects, the more political cycles are likely to occur.

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Keywords

ddc:330, Öffentlicher Konsum, Öffentliches Gut, Advantage, Cycles, Alternation, Public goods, Advantage, Opposition, C72, Alternation, D72, Median Voter, Cycles, Politischer Konjunkturzyklus, H41, Opposition, Theorie, Public goods, jel: jel:C72, jel: jel:D72, jel: jel:H41

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
bronze