Inherent Quality or Nepotism?: Performance Analysis of Political Dynasties in a Democracy

40 Pages Posted: 18 Nov 2014 Last revised: 4 Sep 2017

See all articles by Prasanna L. Tantri

Prasanna L. Tantri

Indian School of Business

Nagaraju Thota

BITS-Pilani Hyderabad Campus

Date Written: March 2017

Abstract

While persistence of political dynasties in a democracy has received attention, the performance of dynasts remains unstudied. using a regression discontinuity (RD) framework, we compare dynastic representatives, who defeat non-dynastic candidates by a close margin with non-dynastic representatives, who defeat dynasts by a similar margin. We devise a set of performance measures, which include aggregate outcomes as well as measures based on individual initiative. We find that dynasts under-perform in terms of economic growth, crime, utilization of development funds and parliamentary performance and do not outperform in terms of any other criteria. Our findings show that the persistence of dynasties imposes significant economic and political costs.

Keywords: Democracy, Legislature, Elections, Performance of Government

JEL Classification: D72, D73, H11

Suggested Citation

Tantri, Prasanna L. and Thota, Nagaraju, Inherent Quality or Nepotism?: Performance Analysis of Political Dynasties in a Democracy (March 2017). Indian School of Business WP 2526409. Available at SSRN: https://ssrn.com/abstract=2526409 or http://dx.doi.org/10.2139/ssrn.2526409

Prasanna L. Tantri (Contact Author)

Indian School of Business ( email )

Hyderabad, Gachibowli 500 032
India
9160099959 (Phone)

Nagaraju Thota

BITS-Pilani Hyderabad Campus ( email )

Shameerpet
Medchal
Hyderabad, 500078
India

HOME PAGE: http://universe.bits-pilani.ac.in/Hyderabad/thotanagaraju/profile

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