Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51432 
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dc.contributor.authorScartascini, Carlosen
dc.contributor.authorStein, Ernestoen
dc.contributor.authorTommasi, Marianoen
dc.date.accessioned2010-02-24-
dc.date.accessioned2011-11-18T11:47:19Z-
dc.date.available2011-11-18T11:47:19Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/51432-
dc.description.abstractWhile economists have tended to focus on specific public policies when developing recommendations, the achievement of welfare objectives might depend more on the quality of policies than their content. This paper develops several measures of the qualities of policies across countries, arguing that the quality of public policies depends on each polity's ability to strike intertemporal transactions necessary to develop and sustain effective policies. The analytical framework developed here indicates that this ability depends on several characteristics of political institutions, such as congressional capabilities, judicial independence, and bureaucratic independence and professionalism. The empirical evidence presented supports this idea. The measures of policy quality developed here could be utilized for other purposes, including the determination of conditions under which more public spending in a given area is likely to generate the desired outcomes.en
dc.language.isoengen
dc.publisher|aInter-American Development Bank, Research Department |cWashington, DCen
dc.relation.ispartofseries|aWorking Paper |x676en
dc.subject.jelD72en
dc.subject.jelD78en
dc.subject.jelH10en
dc.subject.jelH50en
dc.subject.jelO10en
dc.subject.ddc330en
dc.subject.keywordPolitical institutionsen
dc.subject.keywordPublic policiesen
dc.subject.keywordGovernment capabilitiesen
dc.subject.keywordIntertemporal cooperationen
dc.subject.keywordDevelopmenten
dc.subject.keywordPolicy indexen
dc.subject.keywordCredibilityen
dc.subject.keywordJudicial independenceen
dc.subject.keywordParty institutionalizationen
dc.subject.keywordCongress capabilitiesen
dc.subject.keywordCabinet stabilityen
dc.titlePolitical institutions, intertemporal cooperation, and the quality of policies-
dc.typeWorking Paperen
dc.identifier.ppn601743563en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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