Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Term Length and Public Finances: The Case of U.S. Governors
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala Universitet.
2019 (English)Report (Other academic)
Abstract [en]

This paper studies how a politician’s term length affects public finances. I test whether the gradual increase from two- to four-year terms for American governors affects state finances using a rich state-year panel stretching back almost a century. The results show that adopting four-year terms decreases annual expenditures and revenues by 6 %. The effect of the reform is present immediately after voters approve the ballot measure, when the last two-year-term governor is still in office, which suggests that the mechanism at work is stronger re-election incentives for the incumbent. The effect is larger among electorally ’at risk’ governors. Democratic governors respond to longer terms by increasing public employment instead of decreasing expenditures.

Place, publisher, year, edition, pages
Uppsala: Uppsala University, 2019. , p. 50
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2019:5
Keywords [en]
Term Length, U.S. Governors, Political Agency, Elections
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-383043OAI: oai:DiVA.org:uu-383043DiVA, id: diva2:1314316
Available from: 2019-05-08 Created: 2019-05-08 Last updated: 2019-05-08Bibliographically approved

Open Access in DiVA

fulltext(1245 kB)141 downloads
File information
File name FULLTEXT01.pdfFile size 1245 kBChecksum SHA-512
4e4567743ce552af83e19acb5c0e5de987fb4185c3f64c3e09eb995db2f6dc65c314fd82bc7de7fd4c23b5e12fac6763382e395285d420715712f80ccd1a7415
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Klarin, Jonas
By organisation
Department of Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 141 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 148 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf