Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/23230 
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dc.contributor.authorBlomberg, S. Brocken
dc.contributor.authorHess, Gregory D.en
dc.contributor.authorWeerapana, Akilaen
dc.date.accessioned2009-01-29T15:51:03Z-
dc.date.available2009-01-29T15:51:03Z-
dc.date.issued2001-
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
dc.language.isoengen
dc.publisher|aWellesley College, Department of Economics |cWellesley, MAen
dc.relation.ispartofseries|aWellesley College Working Paper |x2001-07en
dc.subject.jelH1en
dc.subject.jelH8en
dc.subject.jelH5en
dc.subject.ddc330en
dc.subject.keywordGrowthen
dc.subject.keywordInitiativesen
dc.subject.keywordVotingen
dc.subject.stwBürgerinitiativeen
dc.subject.stwÖkonomische Theorie der Demokratieen
dc.subject.stwWahlverhaltenen
dc.subject.stwWirtschaftswachstumen
dc.subject.stwUSAen
dc.titleThe Impact Of Voter Initiatives On Economic Activity-
dc.typeWorking Paperen
dc.identifier.ppn378798618en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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