Albalate, D;
Bel, G;
(2020)
Do government formation deadlocks really damage economic growth? Evidence from history's longest period of government formation impasse.
Governance
, 33
(1)
pp. 155-171.
10.1111/gove.12410.
Preview |
Text
A&B GOVERNANCE postprint.pdf - Accepted Version Download (368kB) | Preview |
Abstract
Several countries have experienced lengthy periods of government formation deadlock in recent years, as they have sought to form a new government. This study examines whether government formation deadlocks damage a country's economy. To do so, we analyze the case of Belgium, which took a record 541 days to create a post‐election government, following the June 2010 federal elections. Employing the synthetic control method, our results show that the Belgium economy did not suffer an economic toll; on the contrary, gross domestic product per capita growth was higher than would have otherwise been expected. As such, our evidence contradicts frequent claims that long periods of government formation deadlock negatively affect an economy.
Type: | Article |
---|---|
Title: | Do government formation deadlocks really damage economic growth? Evidence from history's longest period of government formation impasse |
Open access status: | An open access version is available from UCL Discovery |
DOI: | 10.1111/gove.12410 |
Publisher version: | http://dx.doi.org/10.1111/gove.12410 |
Language: | English |
Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
Keywords: | CABINET FORMATION, QUALITY, INSTITUTIONS, BELGIUM, POLICIES, IMPACT, PERFORMANCE, LESSONS, REGIONS, REDUCE |
UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science |
URI: | https://discovery.ucl.ac.uk/id/eprint/10123058 |
Archive Staff Only
![]() |
View Item |