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Politometrics of Government Behavior in A Democracy

In: Measurement in Public Choice

Author

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  • Bruno S. Frey

    (Universities of Zürich and Basel)

Abstract

One of the major developments in Public Choice has been that of politico-economic models that empirically study the mutual interaction between the economy and the polity (“politometrics”). Government is taken as having a monopolistic position and as maximizing its own utility subject to restrictions, in particular the reelection constraint. Voters evaluate government’s performance via elections and popularity surveys, having as their main criterium a satisfactory state of the economy. Politometric estimates for several countries and periods are presented and the politico-economic models’ performance is compared to that of traditional econometric models. The research may be fruitfully extended in various directions.

Suggested Citation

  • Bruno S. Frey, 1981. "Politometrics of Government Behavior in A Democracy," Palgrave Macmillan Books, in: Steinar Strøm (ed.), Measurement in Public Choice, pages 167-181, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05090-1_12
    DOI: 10.1007/978-1-349-05090-1_12
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