Does Opportunism Pay Off?
Posted: 19 Oct 2007
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Abstract
In Portugal, increases in investment expenditures and changes in the composition of spending favouring highly visible items are associated with higher vote percentages for incumbent mayors seeking re-election. The political payoff to opportunistic spending increased after democracy became well-established in the country.
Keywords: Voting functions, Opportunism, Local governments, Elections, Portugal
JEL Classification: D72, H72
Suggested Citation: Suggested Citation
Veiga, Linda G. and Veiga, Francisco José, Does Opportunism Pay Off?. Economics Letters, Vol. 96, No. 2, 2007, Available at SSRN: https://ssrn.com/abstract=1022319
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