Shades of red and blue: Political ideology and sustainable development

Toke Aidt, Vitor Castro and Rodrigo Martins

Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge

Abstract: We study the effect of political ideology on sustainable development, measured as investment in genuine wealth, in a dynamic panel of 79 countries between 1981 and 2013. We find that a switch from a left-wing or centrist government to a right-wing government has a robust positive and statistically significant effect on investment in genuine wealth. We find no evidence of opportunistic cycles in these investments.

Keywords: Sustainable development, Political ideology; Genuine investment (search for similar items in EconPapers)
JEL-codes: C23 D72 I31 O15 (search for similar items in EconPapers)
Date: 2016-06-03
New Economics Papers: this item is included in nep-pol
Note: tsa23
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe1635.pdf

Related works:
Working Paper: Shades of red and blue: Political ideology and sustainable development (2016)
Working Paper: Shades of red and blue: Political ideology and sustainable development (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cam:camdae:1635

Access Statistics for this paper

More papers in Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge
Bibliographic data for series maintained by Jake Dyer ().