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Economic competition and political competition: A comment

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  • William Brown
  • Gary Santoni

Abstract

Unlike Stigler's original estimates, our re-estimation of his equations yields results which are consistent with economic theory. However, they raise questions regarding the extent to which the data provide a measure of support for the implications of his theory. Stigler's theoretical discussions of political coalitions does not specify the exact nature of the property rights of coalition members. His theory appears to be based on the ability of coalition members to exclude nonmembers. However, casual observation suggests such exclusionary rights are rare for the schooling coalitions upon which he bases his test. In the absence of such rights, observed coalition behavior will deviate predictably from that suggested by Stigler's theory. Copyright Martinus Nijhoff Publishers bv 1980

Suggested Citation

  • William Brown & Gary Santoni, 1980. "Economic competition and political competition: A comment," Public Choice, Springer, vol. 35(1), pages 27-36, January.
    • Handle: RePEc:kap:pubcho:v:35:y:1980:i:1:p:27-36
    DOI: 10.1007/BF00154746
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    References listed on IDEAS

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    1. Lindsay, Cotton M, 1976. "A Theory of Government Enterprise," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 1061-1077, October.
    2. Benjamin Bental & Uri Ben-Zion, 1975. "Political contribution and policy — Some extensions," Public Choice, Springer, vol. 24(1), pages 1-12, December.
    3. Reiner Dinkel, 1976. "Collusion in spatial models of party competition," Public Choice, Springer, vol. 27(1), pages 97-99, September.
    4. James Kau & Paul Rubin, 1976. "The electoral college and the rational vote," Public Choice, Springer, vol. 27(1), pages 101-107, September.
    5. Crain, W Mark, 1977. "On the Structure and Stability of Political Markets," Journal of Political Economy, University of Chicago Press, vol. 85(4), pages 829-842, August.
    6. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
    7. Noel Edelson, 1974. "Economic competition and political competition: Comments and corrections," Public Choice, Springer, vol. 17(1), pages 103-106, March.
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    Cited by:

    1. Michael McKee, 1988. "Political competition and the Roman Catholic schools: Ontario, Canada," Public Choice, Springer, vol. 56(1), pages 57-67, January.

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