Journal article
The first two laws of politics: Nannestad and Paldam's "Cost of Ruling" revisited
Acta politica, Vol.57(2), pp.420-430
04/01/2022
Web of Science ID: WOS:000629534600001
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Abstract
Two decades ago, Peter Nannestad and Martin Paldam (2009) published a paper in which, having analyzed 282 elections held between 1948 and 1997 in 19 developed democracies, they claimed that all incumbent parties on average incur a "cost of ruling" of approximately 2.25% points per term. They called this cost a "robust fact," "an unusually stable constant" that operates across countries, institutions, and time. I evaluate how well N&P's empirical assertions hold up in a much larger set of elections held in a set of well-established democracies similar to the one they studied, as well as in other, more recent electoral democracies outside the OECD region.
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Details
- Title
- The first two laws of politics: Nannestad and Paldam's "Cost of Ruling" revisited
- Publication Details
- Acta politica, Vol.57(2), pp.420-430
- Resource Type
- Journal article
- Publisher
- Springer Nature
- Copyright
- © 2021, Springer Nature Limited
- Identifiers
- WOS:000629534600001; 99380171950706600
- Academic Unit
- College of Arts, Social Sciences, and Humanities; Reubin O'D. Askew Department of Government
- Language
- English