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Mon, Oct 2, 2017, noon: Valentina Duque, "Early-Life Shocks & Investment in Children's Education"

Factions and Political Competition

Archived Abstract of Former PSC Researcher

Persico, N., J.R. Pueblita, and Daniel Silverman. 2011. "Factions and Political Competition." Journal of Political Economy, 119(2): 242-288.

This paper presents a new model of political competition in which candidates belong to factions. Before elections, factions compete to direct local public goods to their local constituencies. The model of factional competition delivers a rich set of implications relating the internal organization of the party to the allocation of resources. In doing so, the model provides a unified explanation of two prominent features of public resource allocations: the persistence of (possibly inefficient) policies and the tendency of public spending to favor incumbent party strongholds over swing constituencies.

DOI:10.1086/660298 (Full Text)

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