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Recent Economic Perspectives on Political Economy, Part II.

Torun Dewan¹, Kenneth A Shepsle

¹London School of Economics & Political Science.

British Journal of Political Science

|April 23, 2013

Summary

This summary is machine-generated.

This paper surveys recent theoretical political economy research from economics journals, covering elections, parties, coalitions, economic performance, and institutional design. It highlights interdisciplinary methods and emerging research themes at the intersection of economics and political science.

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Area of Science:

Political Economy
Economics
Political Science

Background:

Theoretical work on political economy is increasingly published in economics journals, moving beyond the political science mainstream.
This trend reflects a growing interdisciplinary approach to understanding political institutions and processes.

Purpose of the Study:

To survey high-quality theoretical contributions in political economy from economics journals over a recent five-year period.
To organize and discuss research across key areas including elections, parties, coalitions, economic performance, and institutional design.

Main Methods:

Literature review and synthesis of theoretical papers published in economics journals.
Categorization of research into distinct thematic areas for comprehensive analysis.

Main Results:

Part I covers elections, voting, information aggregation, parties, candidates, and coalitions.
Part II examines economic performance, redistribution, constitutional design, and elite incentives.
The survey identifies common methodological bases and highlights how economists utilize political science research.

Conclusions:

Significant theoretical advancements in political economy are emerging from economics.
The study identifies new themes and potential research arbitrage opportunities at the intersection of economics and political science.
Understanding these interdisciplinary contributions is crucial for future research in both fields.