Shades of Red and Blue: Political Ideology and Sustainable Development
نویسندگان
چکیده
We study the effect of political ideology on sustainable development, measured as investment in genuine wealth, in a dynamic panel of 79 countries between 1981 and 2013. We find that a switch from a left-wing or centrist government to a right-wing government has a robust positive and statistically significant effect on investment in genuine wealth. We find no evidence of opportunistic cycles in these investments. JEL: C23, D72, I31, O15.
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