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dc.contributor.authorSingh, Smita
dc.contributor.authorBlock, Steven A.
dc.contributor.authorFerree, Karen E.
dc.date.accessioned2019-05-01T14:44:14Z
dc.date.issued2001-10
dc.identifier.citationBlock, Steven A., Smita Singh, and Karen E. Ferree. “Multiparty Competition, Founding Elections and Political Business Cycles in Africa.” CID Working Paper Series 2001.80, Harvard University, Cambridge, MA, October 2001.en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:39612307*
dc.description.abstractPolitical business cycle theory largely abstracts from institutional context, in particular assuming that elections are competitive. Yet, as empirical work on political business cycles turns increasingly to developing countries and nascent democracies for evidence, this assumption becomes untenable. We propose and test two empirical hypotheses: first, we should only see cycles when elections involve multiparty competition; second, we should see larger cycles in founding elections. Using an indicator of multiparty competition and applying recent advances in dynamic panel (generalized method of moments) econometrics to data from Africa, we find strong support for both hypotheses. These findings have implications for democratic transitions and the compatibility of economic and political reform in nascent democracies.en_US
dc.language.isoen_USen_US
dc.publisherCenter for International Development at Harvard Universityen_US
dc.relation.isversionofhttps://www.hks.harvard.edu/centers/cid/publicationsen_US
dash.licenseLAA
dc.titleMultiparty Competition, Founding Elections and Political Business Cycles in Africaen_US
dc.typeResearch Paper or Reporten_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalCID Working Paper Seriesen_US
dc.date.available2019-05-01T14:44:14Z


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