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This book analyzes the links between political economics,
governance structures and the distribution of political power in
economic policy making. The book theoretically explains and
empirically quantifies these interactions. The analysis includes
both public good policies and redistributive policies. Part I of
the book presents the conceptual foundations of political-economic
bargaining and interest group analysis. After presenting the
underlying theory, Part II of the book examines ideology,
prescription and political power coefficients; Part III analyzes a
number of specific structures; and Part IV presents a framework for
political econometrics with a number of empirical applications and
testable hypotheses. In all four parts of the book, four analytical
dimensions of public policy are distinguished: governance
structures, political economy, mechanism design and incidence.
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