Term Limits , Seniority , and Government Spending : Theory and Evidence from the U . S . States ∗

نویسندگان

  • Yasushi Asako
  • Tetsuya Matsubayashi
  • Michiko Ueda
چکیده

What is a fiscal consequence of legislative term limits? We develop a legislative bargaining model that predicts a u-shaped relationship between the level of seniority within a legislature and government spending. The size of government spending decreases as the level of seniority increases from low tomoderate, while it increases as the level of seniority increases from moderate to high. The model also predicts that the equilibrium level of seniority is moderate. Building on these predictions, we hypothesize that the adoption of term limits resulting in a small reduction of seniority has little impact on government expenditures because the level of seniority remains to bemoderate. In contrast, the adoption of term limits that dramatically reduces the level of seniority will increase the size of government spending because the level of seniority changes from moderate to low. We test these hypotheses drawn from the model using the panel data of the American states between 1980 and 2004. ∗We wish to thank Hirokazu Ishise for his valuable comments. Views expressed in this paper are those of the authors and do not necessarily reflect the official views of the Bank of Japan. †Bank of Japan ([email protected]). ‡University of North Texas ([email protected]). §Syracuse University ([email protected]).

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

The relationship between economic growth and government Expenditures from the perspective of Wagner's theory: Evidence of Nonlinear Approach in Iran's Economy

In recent decades, the relationship between economic growth and government spending has attracted the attention of many researchers to the point that it has led to many experimental studies in this field in developed and developing countries. The rising trend of government expenditure with high volatility in economic growth during the years after Islamic Revolution in Iran has created significa...

متن کامل

Equity in the Utilization of Healthcare Services in India: Evidence from National Sample Survey

Background The pursuit of equity in health and healthcare has been the key feature of health policy in India. However, despite the policy significance, the volume of literature available on this issue is scarce. Therefore, this paper is an attempt to examine the horizontal inequities in healthcare utilization, consisting of outpatient and inpatient care in 15 major states and north-eastern regi...

متن کامل

Optimal Government Spending and Taxation in Three-Sector Endogenous Growth Model-Case Iran

The recent literature on taxation and growth has stressed the optimality of a zero long-run taxation on all accumulative factors of production. For a given path of government spending, the optimal tax plan requires the government to build up a positive stock of public wealth in the short run in the long-run, government spending can be financed with the income accruing from the management of the...

متن کامل

Health Services Research Spending and Healthcare System Impact; Comment on “Public Spending on Health Service and Policy Research in Canada, the United Kingdom, and the United States: A Modest Proposal”

The challenges associated with translating health services and policy research (HSPR) evidence into practice are many and long-standing. Indeed, those challenges have themselves spawned new areas of research, including knowledge translation and implementation science. These sub-disciplines have increased our understanding of the critical success factors associated with the uptake of research ev...

متن کامل

Public Spending on Health Service and Policy Research in Canada, the United Kingdom, and the United States: A Modest Proposal

Health services and policy research (HSPR) represent a multidisciplinary field which integrates knowledge from health economics, health policy, health technology assessment, epidemiology, political science among other fields, to evaluate decisions in health service delivery. Health service decisions are informed by evidence at the clinical, organizational, and policy level, levels with distinct...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2011