The Resource Political price cycles in regulated industries : theory and evidence, prepared by Claudio Paiva and Rodrigo Moita

Political price cycles in regulated industries : theory and evidence, prepared by Claudio Paiva and Rodrigo Moita

Label
Political price cycles in regulated industries : theory and evidence
Title
Political price cycles in regulated industries
Title remainder
theory and evidence
Statement of responsibility
prepared by Claudio Paiva and Rodrigo Moita
Creator
Contributor
Author
Subject
Language
eng
Summary
This paper develops a model of political regulation in which politicians set the regulated price in order to maximize electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the model, yielding an equilibrium in which the real price in a regulated industry may fall in periods immediately preceding an election. The paper also provides empirical support for the theoretical model. Using quarterly data from 32 industrial and developing countries over 1978-2004, we find strong statistical and econometric evidence pointing toward the existence of electoral price cycles in gasoline markets
Member of
Cataloging source
E7B
Government publication
international or intergovernmental publication
Index
no index present
LC call number
HB236.A3
LC item number
P35 2006eb
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
Series statement
IMF working paper
Series volume
WP/06/260
Label
Political price cycles in regulated industries : theory and evidence, prepared by Claudio Paiva and Rodrigo Moita
Publication
Bibliography note
Includes bibliographical references
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn698585716
Dimensions
unknown
Extent
1 online resource (22 pages)
Form of item
online
Isbn
9781282448315
Media category
computer
Media MARC source
rdamedia
Media type code
c
http://library.link/vocab/recordID
.b35594524
Specific material designation
remote
System control number
  • (OCoLC)698585716
  • imf1282448315

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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