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2020-01

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Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/149144

Do government formation deadlocks really damage economic growth? evidence from history's longest period of government formation impasse

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https://doi.org/10.1111/gove.12410

Resum

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

Matèries

Govern parlamentari, Teoria econòmica, Política

Matèries (anglès)

Cabinet system, Economic theory, Practical politics

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Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

Citació

ALBALATE, Daniel, BEL I QUERALT, Germà. Do government formation deadlocks really damage economic growth? evidence from history's longest period of government formation impasse. _Governance. An International Journal of Policy Administration and Institutions_. 2020. Vol. 33, núm. 1, pàgs. 155-171. [consulta: 24 de gener de 2026]. ISSN: 0952-1895. [Disponible a: https://hdl.handle.net/2445/149144]

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