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What is Political Cycles and OECD Economic Performance about?
This document summarizes a research paper that examines the influence of electoral motives and government ideology on short-term economic performance in OECD countries from 1951 to 2006. The paper finds some evidence of political business cycles, with GDP growth boosted before elections in countries with two-party systems. It also finds higher GDP growth in the first two years of a legislative period under left-wing governments, indicating the influence of partisan politics. The findings provide mixed suppo
- Author
- Daniel M. Gimenez
- Language
- EN