Abstract
In this entry, we tried to explain the role of political competition in the economy. Political science provided various definitions of political competition. After analyzing in detail all of those, we mentioned the actors political competition involves. In economic terms, competition in political market has seen as competition in good market. Therefore, economic science studied if this kind of competition is good or bad in terms of economic variables as, for example, growth.
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Baraldi, A.L. (2015). Political Competition. In: Backhaus, J. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_365-1
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DOI: https://doi.org/10.1007/978-1-4614-7883-6_365-1
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