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Electoral Systems and the Balance of Consumer-Producer Power

Electoral Systems and the Balance of Consumer-Producer Power - Cambridge Studies in Comparative Politics

Hardback (20 Jan 2011)

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Publisher's Synopsis

This book investigates the effects of electoral systems on the relative legislative and, hence, regulatory influence of competing interests in society. Building on Ronald Rogowski and Mark Andreas Kayser's extension of the classic Stigler-Peltzman model of regulation, the authors demonstrate that majoritarian electoral arrangements should empower consumers relative to producers. Employing real price levels as a proxy for consumer power, the book rigorously establishes this proposition over time, within the OECD, and across a large sample of developing countries. Majoritarian electoral arrangements depress real prices by approximately ten percent, all else equal. The authors carefully construct and test their argument and broaden it to consider the overall welfare effects of electoral system design and the incentives of actors in the choice of electoral institutions.

About the Publisher

Cambridge University Press

Cambridge University Press dates from 1534 and is part of the University of Cambridge. We further the University's mission by disseminating knowledge in the pursuit of education, learning and research at the highest international levels of excellence.

Book information

ISBN: 9780521192651
Publisher: Cambridge University Press
Imprint: Cambridge University Press
Pub date:
DEWEY: 339
DEWEY edition: 22
Language: English
Number of pages: 262
Weight: 500g
Height: 220mm
Width: 145mm
Spine width: 20mm