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Recent Economic Perspectives on Political Economy, Part II

Published online by Cambridge University Press:  13 May 2008

TORUN DEWAN
Affiliation:
Department of Government, London School of Economics and Political Science
KENNETH A SHEPSLE
Affiliation:
Institute for Quantitative Social Science, Harvard University

Abstract

In recent years some of the best theoretical work on the political economy of political institutions and processes has begun surfacing outside the political science mainstream in high quality economics journals. This two-part article surveys these contributions from a recent five-year period. In Part I, the focus was on elections, voting and information aggregation, followed by treatments of parties, candidates and coalitions. In Part II, papers on economic performance and redistribution, constitutional design, and incentives, institutions and the quality of political elites are discussed. Part II concludes with a discussion of the methodological bases common to economics and political science, the way economists have used political science research, and some new themes and arbitrage opportunities.

Type
Review Article
Copyright
2008 Cambridge University Press

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