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Do ?labour? councils lower economic freedom?
Using a panel of the UK counties, spanning the period 2010-2016, this study explores whether having a Labour or Conservative council affects a county?s economic freedom. Due to data unavailability of any economic freedom index for the UK counties, the analysis employed direct measures in relevance to three sub-components of economic freedom, i.e. size of government, sound money and the freedom to trade internationally. Using a regression discontinuity approach, we find strong evidence that the political ideology of a council affects all three sub-components of economic freedom. An implication of this result is that councils appeal to specific groups of voters when making policy..
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir | 1 |
Penerbit | Bulletin of Monetary Economics and Banking., 2018 |
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Edisi | - |
Subjek | Economic freedom Political councils Regression discontinuity approach UK countries |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |