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Title: Do government formation deadlocks really damage economic growth? evidence from history's longest period of government formation impasse
Author: Albalate, Daniel, 1980-
Bel i Queralt, Germà, 1963-
Keywords: Govern parlamentari
Teoria econòmica
Cabinet system
Economic theory
Practical politics
Issue Date: Jan-2020
Publisher: Wiley
Abstract: Several countries have experienced lengthy periods of political deadlock in recent years, as they have sought to form a new government. This study examines whether government formation deadlocks damage a country's economy. To do so, we analyze the case of Belgium, which took a record 541 days to create a post-election government, following the June 2010 federal elections. Employing the synthetic control method, our results show that the Belgium's economy did not suffer an economic toll; on the contrary, Gross Domestic Product per capita growth was higher than would have otherwise been expected. As such, our evidence contradicts frequent claims that long periods of government formation deadlock negatively affect an economy
Note: Versió postprint del document publicat a:
It is part of: Governance. An International Journal of Policy Administration and Institutions, 2020, vol. 33, num. 1, p. 155-171
Related resource:
ISSN: 0952-1895
Appears in Collections:Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

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