“…This finding can be explained by political economics, and provides support to median voter theories (Romer, 1975;Roberts, 1977;Meltzer and Richard, 1981), citizen candidate models (Röell, 2012;Brett and Weymark, 2014), Director's law (Stigler, 1970), probabilistic-voting models (Persson and Tabellini, 2000;Bierbrauer and Boyer, 2016), models of withinparty conflict (Roemer, 1998(Roemer, , 1999, post-election considerations (Persson and Tabellini, 2000), and vested interests resulting in a strong status quo (Olson, 1982). As such, our paper provides a bridge between political economics and normative public finance.…”