Electoral outcomes, power outages and firm performance
利用土耳其选举和企业数据,研究发现执政党得票率高的地区企业停电更少、销售额更高,揭示了选举动机的公共品分配对实体经济的影响。
Even though a wide range of the literature explores how governments target public goods strategically, only a handful of papers examine whether these electorally motivated distributive patterns have consequences for the real economy. With the use of Turkish electoral and firm-level data, this paper examines whether electoral factors affect the variation in power outages experienced by firms across Turkish regions. The findings demonstrate that sales of firms located in regions in which the incumbent party received more votes were disproportionately higher because these firms experienced relatively lower numbers and durations of power outages.