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Fiscal Effects of Putting Initiatives on the Ballot: Evidence from the Last 20 Years in the United States

Review of Economics and Institutions

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Field Value
 
Title Fiscal Effects of Putting Initiatives on the Ballot: Evidence from the Last 20 Years in the United States
 
Creator Sacchi, Agnese; Marche Polytechnic University
Pennisi, Aline; Ministry of Economy and Finance
 
Subject Economics
Voter initiatives, fiscal policy, positive constitutional economics, state government
H71; H72; P16; O51
 
Description This paper investigates both the indirect (i.e. the existence) and the direct effects (i.e. the usage) of direct democracy institutions on major fiscal outcomes across the United States over the 1992-2009 period. Being based on a more recent time span than previous contributions, our work includes detailed information such as the type of institution (i.e. direct or indirect initiative), the voting outcome, and the topics of concern. The main results suggest that States permitting initiatives spend and tax less than those without, confirming some previous findings. However, when initiatives are effectively used, their practice contributes to increase spending among those States allowing them. The intensity of different initiatives also matters for fiscal outcomes as well as the nature of topics involved.
 
Publisher University of Perugia
 
Contributor
 
Date 2014-07-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.rei.unipg.it/rei/article/view/112
10.5202/rei.v5i1.112
 
Source Review of Economics and Institutions; Vol 5, No 1 (2014); 35
2038-1379
2038-1344
 
Language eng
 
Relation http://www.rei.unipg.it/rei/article/view/112/136
 
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