Repository logo
 

Shades of red and blue: Political ideology and sustainable development


Type

Working Paper

Change log

Authors

Aidt, T. S. 
Castro, V. 
Martins, R. 

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.

Description

Keywords

Sustainable development, Political ideology, Genuine investment

Is Part Of

Publisher

Faculty of Economics

Publisher DOI

Publisher URL