Difference between revisions of "Barro (1973) - The Control Of Politicians An Economic Model"
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imported>Ed (New page: ==Reference(s)== Barro, R. (1973), The Control of Politicians: An Economic Model, Public Choice 14 (September), 19-42. [http://www.edegan.com/pdfs/Barro%20(1973)%20-%20The%20Control%20of%2...) |
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Revision as of 22:49, 4 April 2010
Reference(s)
Barro, R. (1973), The Control of Politicians: An Economic Model, Public Choice 14 (September), 19-42. pdf
Abstract
This paper applies economic theory to an analysis of behavior in the public sector. The model focuses on the division of interest between the public and its political representatives. The division of interest arises because the public officeholder is assumed to act to advance his own interests, and these interests do not coincide automatically with those of his constituents. The electoral process and some elements of the political structure are then analyzed as mechanisms which can be used to move the officeholder toward a position where the advancement of self-interest approximates the advancement of the interests of his constituents