Veto Players: How Political Institutions Work
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Cites background from "Veto Players: How Political Institu..."
...More broadly, the presence of many “veto players,” either constitutionally based institutions or opposing political parties, may severely constrain the action space of leaders and policy outcomes [Tsebelis 2002]....
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References
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"Veto Players: How Political Institu..." refers background in this paper
...Second, Tiebout (1956) focused on the effects of competition among jurisdictions since people can “vote with their feet” and argued that federalism provides people with the choice among different menus of public goods....
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...First, they include capital mobility since countries may be forced to lower their tax rate to prevent capital flight as capital becomes more mobile (Tiebout 1956)....
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...However, empirical analyses of economic performance of federal systems seriously questions the conclusions of economic analyses (at least of the first generation: Hayeck(1939), Tiebout (1956) and Oates (1972))....
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...For example, all federal countries involve constituent units which compete with each other for the attraction of citizens (Tiebout 1956)....
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...In terms of the direction of potential differences, on the one hand scholars like Tiebout (1956), Buchanan (1950), Oates (1972) and Weingast (1995) have described economic benefits of decentralization....
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"Veto Players: How Political Institu..." refers background in this paper
...While Weaver and Rockman are interested in the capabilities of governments, a great volume of economic literature starting with Kydland and Prescott (1977) is concerned with the credible commitment of the government not to interfere with the economy....
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