ENTRY BARRIERS IN POLITICS AND UNCONTESTED ELECTIONS
成果类型：
Article
署名作者：
COATS, RM; DALTON, TR
署名单位：
Southern University System; Southern University New Orleans
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
发表日期：
1992
页码：
75-90
关键词：
摘要：
Lott (1986, 1987a) argues that brand names can be barriers to entry in political markets because political brand names cannot be sold. Our empirical model examines the effect of inalienability of political capital on entry into nineteenth-century British political markets. We test the hypothesis that since county races were more expensive than borough races owing to greater costs of information, the level of non-transferable investment produced by a given number of past campaigns was greater in the rural districts and produced more significant entry barriers.