Regionalism and redistribution in South Korea
In South Korea, it has been widely known that an incumbent president allocates a disproportionally larger amount of intergovernmental transfers to regions with more loyal supporters. It has been also believed that despite a government change in 1997, this positive and linear relationship between support for an incumbent president and allocated public funds did not change. We show that neither is valid. Based on a formal model, we argue that an incumbent president allocates a larger amount not...[Show more]
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