Resource title

Term limits: do they really affect fiscal policy choices?

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Resource description

According to reputational models of political economy, a term limit may change the behavior of a chief executive because he does not have to stand for election. We test this hypothesis in a sample of 52 countries over the period 1977-2000, using government spending, social and welfare spending and deficit as policy choice variables using panel data estimation techniques. We are unable to find significant differences in the behavior of term-limited and non term-limited chief executives. This is in contrast with some previous empirical results based on U.S. states and international data.

Resource author

Chiara Dalle Nogare, Roberto Ricciuti

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26244

Resource license

Adapt according to the presented license agreement and reference the original author.