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Revenue Structure, Political Parties, and Interest Group Influence on Economic Growth across U.S. States

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한국비교정부학회 (The Korean Association For Comparative Government)|2019.09|한국비교정부학보 (Korean Comparative Government Review)|제23권 제3호|pp. 21-43|DOI 10.18397/kcgr.2019.23.3.21

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참고문헌

키워드

정당경제성장Economic Growth이익집단Political Party상호작용 효과Revenue StructureInterest GroupInteractive Effect수입구조
주제분류행정학

초록

This study investigates the impacts of revenue structure, political parties, and interest groups on state economic growth between 1991 and 2016 by conducting panel data analysis. Notable findings are identified in this study. First, both the unified Democratic and Republican government tend to reflect manufacturing interests rather than small business interests in terms of economic development policies. Second, increasing user charge reliance leads to facilitation of economic growth in terms of income. The main theoretical contribution of this study is that it integrates the variables related to state economic growth including revenue structure, political parties, and interest groups, which enhances understanding of the mechanisms that influence state economic growth. In addition, this study confirms that interest groups and political parties are the main policy actors in the U.S. related to economic growth. In a practical sense, findings from this study imply that states can utilize user charge for economic growth. State economic growth is driven by user charge reliance, and interaction between state governmental structure and interest groups. It is recommended that future research should expand the variables and theoretical perspective related to state economic growth.

Abstract

This study investigates the impacts of revenue structure, political parties, and interest groups on state economic growth between 1991 and 2016 by conducting panel data analysis. Notable findings are identified in this study. First, both the unified Democratic and Republican government tend to reflect manufacturing interests rather than small business interests in terms of economic development policies. Second, increasing user charge reliance leads to facilitation of economic growth in terms of income. The main theoretical contribution of this study is that it integrates the variables related to state economic growth including revenue structure, political parties, and interest groups, which enhances understanding of the mechanisms that influence state economic growth. In addition, this study confirms that interest groups and political parties are the main policy actors in the U.S. related to economic growth. In a practical sense, findings from this study imply that states can utilize user charge for economic growth. State economic growth is driven by user charge reliance, and interaction between state governmental structure and interest groups. It is recommended that future research should expand the variables and theoretical perspective related to state economic growth.

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