Dear Prof. Trenovski, 

These may be of your help

http://www.princeton.edu/~kohli/docs/PEGI_PartI.pdf

http://eprints.lse.ac.uk/20381/1/The_political_economy_of_development_in_India_since_independence_(author_final).pdf

Dear Borce,

for the case of environmental economics, here is a paper that analyses the role of political events in shaping the price of emission certificates of the EU ETS. Perhaps this is an example of what you're looking for?

http://www.sciencedirect.com/science/article/pii/S0095069616300031

Best,

Max

http://www.sciencedirect.com/science/article/pii/S0095069616300031

https://www.researchgate.net/profile/Thomas_Pepinsky/publication/226456445_Autocracy_Elections_and_Fiscal_Policy_Evidence_from_Malaysia/links/004635242ae34d4c7a000000.pdf

Article Autocracy, Elections, and Fiscal Policy: Evidence from Malaysia

Thanks  colegues, great papers and directions