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E-book

Title Electoral systems and the balance of consumer-producer power / Eric C.C. Chang [and others]
Published New York : Cambridge University Press, 2011

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Description 1 online resource (262 pages)
Series Cambridge studies in comparative politics
Cambridge studies in comparative politics.
Contents Introduction -- Electoral systems and consumer power: theoretical considerations -- Electoral systems and real prices: panel evidence for the OECD countries 1970-2000 -- Electoral systems and real prices around the world -- A closer look: case studies and mechanisms -- Socioeconomic origins of electoral systems -- Conclusion
Summary "This book investigates the effects of electoral systems on the relative legislative and, hence, regulatory influence of competing interests in society. Building on Ronald Rogowski and Mark Andreas Kayser's extension of the classic Stigler-Peltzman model of regulation, the authors demonstrate that majoritarian electoral arrangements should empower consumers relative to producers. Employing real price levels as a proxy for consumer power, the book rigorously establishes this proposition over time, within the OECD, and across a large sample of developing countries. Majoritarian electoral arrangements depress real prices by approximately ten percent, all else equal. The authors carefully construct and test their argument and broaden it to consider the overall welfare effects of electoral system design and the incentives of actors in the choice of electoral institutions"-- Provided by publisher
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Elections -- Economic aspects
Voting -- Economic aspects
Consumers.
Prices.
Comparative government.
prices.
consumers.
BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
Comparative government
Consumers
Elections -- Economic aspects
Prices
Voting -- Economic aspects
Form Electronic book
Author Chang, Eric C. C., 1971-
ISBN 9780511860744
0511860749
9780511761423
0511761422