Government Transfers and Votes for State Intervention

• 成果类型: Article
• 署名作者: Albanese, Giuseppe; De Blasio, Guido; Incoronato, Lorenzo
• 署名单位: European Central Bank; Bank of Italy; University of London; University College London
• 刊物名称: AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY
• ISSN/ISSBN: 1945-7731
• DOI: 10.1257/pol.20220452
• 发表日期: 2024
• 页码: 451-480
• 关键词: regression; legacy

摘要

Government transfers might have long-lasting consequences on electoral outcomes. We study a regional policy implemented in Italy over the second half of the twentieth century and leverage variation in transfers to show that parties promoting more state intervention in the economy performed better in the targeted areas relative to places that were not subsidized, decades after the end of the policy. This effect does not seem to mirror long-term differences in the economic performance of treated and control areas, which were small, nor other attitudes within the electorate.