Universität zu Köln

Röth, Leonce (2018). Political parties and the market. Towards a Comparable Assessment of Market Liberalism. PhD thesis, Universität zu Köln.

Preview

PDF Diss_printed.pdf - Accepted Version Download (5MB) | Preview

Abstract

The dissertation verifies an old and often repeated pledge of Adam Smith that market liberalism increases the wealth of its citizens in the long-run and contrast it with the most salient counterclaim that citizens pay for wealth with inequality. Starting with a conceptual discussion of what market liberalism is, the dissertation guides through its measurement and discusses issues of comparability. Subsequently, the degree of market liberalism of governments within democracies are related to most-likely policies such as deregulation and less redistribution via decreased taxes and lower welfare spending. Finally, policies are linked to performance using structural equations and long-time frames. It turns out that market liberal governments have a negative short-term effect on wealth and a positive long-term effect in comparison to more moderate governments. However, the effect on wealth is very marginal whereas inequality is substantially increased in the short- as well as in the long-run.

Item Type:	Thesis (PhD thesis)
Creators:	Creators Email ORCID ORCID Put Code Röth, Leonce leonce.roeth@uni-koeln.de UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-90756
Date:	13 July 2018
Language:	English
Faculty:	Faculty of Management, Economy and Social Sciences
Divisions:	Faculty of Management, Economics and Social Sciences > Social Sciences > Political Science > Cologne Center for Comparative Politics
Subjects:	Social sciences Political science
Uncontrolled Keywords:	Keywords Language Market Liberalism UNSPECIFIED Political Parties UNSPECIFIED Ideology UNSPECIFIED Party Competition UNSPECIFIED Economic Performance UNSPECIFIED
Date of oral exam:	13 July 2018
Referee:	Name Academic Title Kaiser, André Prof. Dr. Rohlfing, Ingo Prof. Dr.
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/9075