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dc.contributor.authorAcemoglu, Daron
dc.contributor.authorRobinson, James A.
dc.contributor.authorTorvik, Ragnar
dc.date.accessioned2015-03-06T20:12:41Z
dc.date.available2015-03-06T20:12:41Z
dc.date.issued2013-02
dc.identifier.issn0034-6527
dc.identifier.issn1467-937X
dc.identifier.urihttp://hdl.handle.net/1721.1/95916
dc.description.abstractVoters often dismantle constitutional checks and balances on the executive. If such checks and balances limit presidential abuses of power and rents, why do voters support their removal? We argue that by reducing politician rents, checks and balances also make it cheaper to bribe or influence politicians through non-electoral means. In weakly institutionalized polities where such non-electoral influences, particularly by the better organized elite, are a major concern, voters may prefer a political system without checks and balances as a way of insulating politicians from these influences. When they do so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We show that checks and balances are less likely to emerge when the elite is better organized and is more likely to be able to influence or bribe politicians, and when inequality and potential taxes are high (which makes redistribution more valuable to the majority). We also provide case study evidence from Bolivia, Ecuador, and Venezuela consistent with the model.en_US
dc.description.sponsorshipCanadian Institute for Advanced Researchen_US
dc.description.sponsorshipNational Science Foundation (U.S.)en_US
dc.description.sponsorshipUnited States. Air Force Office of Scientific Researchen_US
dc.language.isoen_US
dc.publisherOxford University Pressen_US
dc.relation.isversionofhttp://dx.doi.org/10.1093/restud/rdt007en_US
dc.rightsCreative Commons Attribution-Noncommercial-Share Alikeen_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/en_US
dc.sourceNBERen_US
dc.titleWhy Do Voters Dismantle Checks and Balances?en_US
dc.typeArticleen_US
dc.identifier.citationAcemoglu, D., J. A. Robinson, and R. Torvik. “Why Do Voters Dismantle Checks and Balances?” The Review of Economic Studies 80, no. 3 (February 26, 2013): 845–875.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Economicsen_US
dc.contributor.mitauthorAcemoglu, Daronen_US
dc.relation.journalReview of Economic Studiesen_US
dc.eprint.versionOriginal manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/NonPeerRevieweden_US
dspace.orderedauthorsAcemoglu, D.; Robinson, J. A.; Torvik, R.en_US
dc.identifier.orcidhttps://orcid.org/0000-0003-0908-7491
mit.licenseOPEN_ACCESS_POLICYen_US
mit.metadata.statusComplete


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