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dc.contributor.authorYakovlev, Pavelen
dc.contributor.authorTosun, Mehmet S.en
dc.contributor.authorLewis, William P.en
dc.date.accessioned2012-05-16-
dc.date.accessioned2012-06-15T07:57:08Z-
dc.date.available2012-06-15T07:57:08Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:101:1-20120716936en
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x6456en
dc.subject.jelH7en
dc.subject.jelH3en
dc.subject.ddc330en
dc.subject.keywordterm limitsen
dc.subject.keywordpork-barrel spendingen
dc.subject.keywordrent-seekingen
dc.subject.keywordtransportationen
dc.subject.keywordwelfareen
dc.subject.keywordeducationen
dc.subject.keywordhealthen
dc.subject.keywordintergovernmental aid and transfersen
dc.subject.stwRegierungen
dc.subject.stwDaueren
dc.subject.stwFinanzausgleichen
dc.subject.stwFinanzföderalismusen
dc.subject.stwÖffentliche Ausgabenen
dc.subject.stwUSAen
dc.titleLegislative term limits and state aid to local governments-
dc.typeWorking Paperen
dc.identifier.ppn71581186Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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