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Political Participation and Government Regulation

Author

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  • Peltzman, Sam

Abstract

Sam Peltzman is one of the world's leading economists, and the essays in this collection are central to the modern canon in political economy. These ten articles and an original introduction respond to two broad questions: How does government work? How do voters and their elected representatives make decisions? Given the media's portrayal of the cynical political atmosphere in America, Peltzman's responses are rather surprising—the electorate really does make well-informed decisions and elected officials actually do tend to vote according to their constituents' interests. These conclusions bear the stamp of the Chicago approach to political economy (which applies microeconomic principles to political phenomena), an approach that has had considerable success explaining why certain government policies have not achieved their intended effects. This collection reflects Peltzman's long career studying the interface between the private economy and the public sector. It will be essential to anyone who wishes to study government activity and voting behavior from an economic perspective.

Suggested Citation

  • Peltzman, Sam, 1998. "Political Participation and Government Regulation," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226654164, December.
  • Handle: RePEc:ucp:bkecon:9780226654164
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    Cited by:

    1. Francesco Trebbi & Miao Ben Zhang, 2022. "The Cost of Regulatory Compliance in the United States," NBER Working Papers 30691, National Bureau of Economic Research, Inc.
    2. Alberto Porto, 2004. "Finanzas Públicas Locales en la Argentina," IIE, Working Papers 057, IIE, Universidad Nacional de La Plata.
    3. Hopkin, Jonathan & Rodríguez-Pose, Andrés, 2007. ""Grabbing hand" or "helping hand"? Corruption and the economic role of the state," LSE Research Online Documents on Economics 3526, London School of Economics and Political Science, LSE Library.
    4. Alberto Porto & Natalia Porto, 2000. "Fiscal Decentralization and Voters' Choices as Control," Journal of Applied Economics, Taylor & Francis Journals, vol. 3(1), pages 135-167, May.
    5. Davidson, Sinclair & Fry, Tim R.L. & Jarvis, Kelly, 2006. "Direct democracy in Australia: Voter behavior in the choice between constitutional monarchy and a republic," European Journal of Political Economy, Elsevier, vol. 22(4), pages 862-873, December.
    6. Zilberman, David & Graff, Gregory & Hochman, Gal & Kaplan, Scott, 2015. "The Political Economy of Biotechnology," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 64(04), December.
    7. Li, Wei & Qiang, Christine Zhen-Wei & Xu, Lixin Colin, 2005. "Regulatory Reforms in the Telecommunications Sector in Developing Countries: The Role of Democracy and Private Interests," World Development, Elsevier, vol. 33(8), pages 1307-1324, August.
    8. Jim Rose & Simon Hay, 2001. "Three Steps Towards More Effective Development Assistance," Treasury Working Paper Series 01/26, New Zealand Treasury.
    9. Alberto Porto & Natalia Porto, 2000. "Influencia de las condiciones económicas y fiscales sobre los resultados electorales provinciales y municipales," IIE, Working Papers 026, IIE, Universidad Nacional de La Plata.

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