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dc.contributor.authorBlomberg, S. Brocken_US
dc.contributor.authorHess, Gregory D.en_US
dc.contributor.authorWeerapana, Akilaen_US
dc.coverage.temporal1969-1986en_US
dc.date.accessioned2009-01-29T15:51:03Z-
dc.date.available2009-01-29T15:51:03Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/23230-
dc.description.abstractRecent studies have claimed that states with initiatives systems of legislation use this more direct from of democracy to improve productive resource allocation. This paper compares the economic performance of states with initiatives to states that do not have initiatives. We first construct a simple growth model to identify the channel through which initiatives play an important role in determining economic activity; we then test the implications of this model using data for the 48 contiguous United States over the years 1969-1986. Our findings suggest that states with initiative systems waste between 20 to 30 percent fewer resources than do non-initiative states resulting in better economic performance in terms of higher GDP growth and faster convergence.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesWorking Papers / Wellesley College, Department of Economics 2001,07en_US
dc.subject.jelH1en_US
dc.subject.jelH8en_US
dc.subject.jelH5en_US
dc.subject.ddc330en_US
dc.subject.keywordGrowthen_US
dc.subject.keywordInitiativesen_US
dc.subject.keywordVotingen_US
dc.subject.stwBürgerinitiativeen_US
dc.subject.stwÖkonomische Theorie der Demokratieen_US
dc.subject.stwWahlverhaltenen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwUSAen_US
dc.titleThe Impact Of Voter Initiatives On Economic Activityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn378798618en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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