Political parties, two-level Governance and economic growth

作者: Henry Ali Aray Casanova , Betty Agnani Gambocorta

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摘要: We test the effect of different combinations parties in central and regional governments on economic growth. consider accrues through total factor productivity (TFP). carry out a panel data regression for Spanish regions period 1989-2004 we have found no eff ect TFP. Once control public infrastructure considering it as an endogenous variables also affected by parties, estimate two simultaneous equation model that there exist indirect TFP infrastructure. Specifically obtained when left party is government favors governed its own party. And right punishes other parties.

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