政治经济学

JOP — 2026-03-06 Original Political Economy of Information Provision Arda Gitmez, Konstantin Sonin, Austin L. Wright Abstract （原文未提供摘要） 中文 信息提供的政治经济学 Arda Gitmez, Konstantin Sonin, Austin L. Wright

AJPS — 2026-03-04 Original The economic foundations of powersharing: Evidence from Africa Yannick I. Pengl, Philip Roessler Abstract Abstract How—and with whom—do rulers share power? Existing research focuses on the strategic logic of powersharing. In this paper, we analyze its economic foundations. Powersharing is modeled as a subnational fiscal contract, in which rulers allocate political representation based on constituencies’ revenue potential. Empirically, we combine historical geospatial data on different types of primary commodity production—mineral point resources and diffuse smallholder cash crop agriculture—with the ethnic affiliation of cabinet ministers across 15 African countries. We find that cash crop groups are overrepresented in post‐independence cabinets, while mining or food crop production does not translate into higher shares of power. Consistent with a revenue bargaining framework, we find that rulers traded political representation and targeted public services for indirect taxation of cash crops. Overall, this suggests powersharing serves not only as a means to distribute resources and co‐opt potential challengers but also to expand the pie and the rents at the ruler's disposal.

AJPS — 2026-03-04 Original Mitigating policy uncertainty: What financial markets reveal about firm‐level lobbying

APSR 120/3 pp. 1167-1187 2026-03-02 Original The Cornered Mouse: Sanctioned Elites and Authoritarian Realignment in the Japanese Legislature, 1936–1942

JCC — pp. 1-18 2026-02-27 Original From Pricing Power to Autonomy: The Geopolitics of RMB-Denominated Oil Futures Benchmark Alexandru-Stefan Goghie Abstract This article examines China’s introduction of RMB-denominated crude oil futures as an instrument of financial statecraft aimed at reshaping the geopolitical foundations of global oil pricing. While Brent and WTI dominate price discovery through their deep embedding in dollar-based financial infrastructures, China seeks to cultivate pricing power by relocating benchmark formation to domestic institutions and an RMB-denominated contract. The paper argues that this initiative is not merely a market innovation, but a strategic effort to reduce structural dependence on USD-centered benchmarks, mitigate exposure to US financial jurisdiction, and enhance autonomy amid intensifying geopolitical rivalry. By analyzing the architecture, evolution, and international uptake of the Shanghai INE contract, the article shows that pricing power constitutes a crucial and underexplored dimension of contemporary Chinese statecraft.

JOP — 2026-02-27 Original Beyond Relief: The Lasting Legacy of New Deal Spending on the Geography of Government Brian T. Hamel, Michael E. Shepherd