Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58887
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dc.contributor.authorYakovlev, Pavelen_US
dc.contributor.authorTosun, Mehmet S.en_US
dc.contributor.authorLewis, William P.en_US
dc.date.accessioned2012-05-16en_US
dc.date.accessioned2012-06-15T07:57:08Z-
dc.date.available2012-06-15T07:57:08Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:101:1-20120716936-
dc.identifier.urihttp://hdl.handle.net/10419/58887-
dc.description.abstractWe estimate the effect of legislative term limits on various categories of state government spending using the most recent panel of 47 states from 1972 to 2005. Besides the usual economic, political, fiscal and demographic factors, we also control for the state tax and expenditure limitations. We find that term limits have a significant positive effect on total state government spending, but no significant positive effect on state education, health, transportation or welfare expenditures. This dichotomy in the estimates raises a very important and previously overlooked question: what budget category is responsible for higher state spending in term-limited states? Our analysis reveals that legislative term limits increase pork-barrel spending, which takes the form of higher transfers from state to local governments. This finding might also imply that legislative term limits lead to more fiscal decentralization.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aDiscussion Paper series, Forschungsinstitut zur Zukunft der Arbeit |x6456en_US
dc.subject.jelH7en_US
dc.subject.jelH3en_US
dc.subject.ddc330en_US
dc.subject.keywordterm limitsen_US
dc.subject.keywordpork-barrel spendingen_US
dc.subject.keywordrent-seekingen_US
dc.subject.keywordtransportationen_US
dc.subject.keywordwelfareen_US
dc.subject.keywordeducationen_US
dc.subject.keywordhealthen_US
dc.subject.keywordintergovernmental aid and transfersen_US
dc.subject.stwRegierungen_US
dc.subject.stwDaueren_US
dc.subject.stwFinanzausgleichen_US
dc.subject.stwFinanzföderalismusen_US
dc.subject.stwÖffentliche Ausgabenen_US
dc.subject.stwUSAen_US
dc.titleLegislative term limits and state aid to local governmentsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn71581186Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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