Does tenure in office affect regional growth? The role of public capital productivity

We study the impact of tenure in office on economic performance. We evaluate the relationships between tenure in office and GDP growth, public capital growth, and public capital productivity using data for Spanish regions during the period 1980-1998. We find that tenure decreases the impact of publi...

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Bibliographic Details
Published in:Public choice Vol. 146; no. 1/2; pp. 75 - 92
Main Authors: García-Vega, María, Herce, José A.
Format: Journal Article
Language:English
Published: Boston Springer 01-01-2011
Springer US
Springer Nature B.V
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Summary:We study the impact of tenure in office on economic performance. We evaluate the relationships between tenure in office and GDP growth, public capital growth, and public capital productivity using data for Spanish regions during the period 1980-1998. We find that tenure decreases the impact of public capital growth on GDP growth. Our results suggest that tenure affects GDP growth negatively through a decrease in public capital productivity.
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ISSN:0048-5829
1573-7101
DOI:10.1007/s11127-009-9584-y