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https://hdl.handle.net/10316/47611
Título: | Politically driven cycles in fiscal policy: In depth analysis of the functional components of government expenditures | Autor: | Castro, Vítor Martins, Rodrigo |
Palavras-chave: | Government Expenditures; Political Cycles; Elections; Europe, Fiscal Policy | Data: | 2017 | Editora: | Elsevier | Título da revista, periódico, livro ou evento: | European Journal of Political Economy | Resumo: | This article analyses the incidence of politically driven cycles on the functional components and sub-components of government expenditures over a group of 18 European countries during the period 1990-2012. An LSDVC estimator is employed in the empirical analysis. The results provide evidence of political opportunism at aggregated and disaggregated levels of public expenditures .. The expenditure components that have proved to be more related to that behaviour are public services, education, social protection and some sub-components of health expenditure, items that tend to generate outcomes that are more visible to voters. Some disaggregated evidence of partisan manipulation is also found. | URI: | https://hdl.handle.net/10316/47611 | ISSN: | 0176-2680 | DOI: | 10.1016/j.ejpoleco.2017.11.003 | Direitos: | openAccess |
Aparece nas coleções: | I&D CeBER - Artigos em Revistas Internacionais |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Pol_Cycles.pdf | 1.47 MB | Adobe PDF | Ver/Abrir |
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