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Policy Study Candidate Selection Systems and Legislative Incentive May 30, 2020

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Series No. 2020-01

Policy Study KOR Candidate Selection Systems and Legislative Incentive #Corporate Studies: Organizations, Corporate Governance #General(Other)
DOIhttps://doi.org/10.22740/kdi.ps.2020.01 P-ISBN979-11-5932-553-3 E-ISBN979-11-5932-596-0

May 30, 2020

  • 프로필
    Jaehoon Kim
  • KDI
    KIM, Dohyung
Summary
We explore theoretically and empirically the implications of the political party's candidate selection systems on politicians’ incentives. Through a contract theory model for the problem of multiple principles and an agent with multi-task, we have shown that the bottom-up nomination system is socially optimal, and the politician's effort for re-election under the top-down nomination system is much less than social optimal. By utilizing the partial introduction of the bottom-up nomination system in the 17th general election, we empirically have found that the legislative effort of politicians elected through bottom-up nomination is greater than that of politicians elected through top-down nomination.
Contents
Preface
Executive Summary

Chapter 1 Introduction
Chapter 2 Candidate Selection Systems and Political Accountability: Theory
 Section 1 Literature Review
 Section 2 Model
 Section 3 Socially Optimal Solution
 Section 4 Nomination and Re-Election Mechanisms
 Section 5 Conclusion and Policy Implications

Chapter 3 Nomination Systems and Legislative Effort: Evidence
 Section 1 Background
 Section 2 Literature Review
 Section 3 Methods and Data
 Section 4 Nomination Systems and Characteristics of Legislators
 Section 5 Nomination Systems and Legislative Effort
 Section 6 Conclusion

Chapter 4 Conclusion

References
ABSTRACT
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