Pandering Politicians? Targeted Economic Development Incentives and Voter Response

Autor:	Erica Smith, Jacob Bundrick, Weici Yuan
Rok vydání:	2021
Předmět:	Economics and Econometrics Economic growth Incentive Public Administration State (polity) media_common.quotation_subject Economics Empirical evidence Finance media_common
Zdroj:	Public Finance Review. 49:673-716
ISSN:	1552-7530 1091-1421
DOI:	10.1177/10911421211050940
Popis:	Empirical evidence largely suggests that the billions of dollars state and local governments spend on targeted economic development incentive (EDI) programs are typically ineffective at stimulating broad economic activity. The continued use of EDIs by public officials has thus led scholars to investigate the role of these programs in political pandering. In this paper, we explore the relationship between EDIs and gubernatorial elections in Arkansas. Specifically, we investigate whether officials strategically allocate discretionary EDIs based on previous county-level gubernatorial election outcomes. We subsequently explore the impact of discretionary EDIs on an incumbent party’s bid for gubernatorial reelection at the county level. Our results largely suggest that public officials do not allocate EDIs based on previous election outcomes. Moreover, our results indicate that voters are unresponsive to both the quantity and magnitude of credit claiming messages.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::cf56f048fcef11d08e6c6b4c98cefe9e https://doi.org/10.1177/10911421211050940 Zobrazit plný text záznamu