Publication
Cycles on public expenditure composition within the European Union
dc.contributor.author | Barreira, Ana Paula | |
dc.contributor.author | Baleiras, Rui Nuno | |
dc.date.accessioned | 2014-05-13T08:36:35Z | |
dc.date.available | 2014-05-13T08:36:35Z | |
dc.date.issued | 2006 | |
dc.description.abstract | Casual observation of fiscal aggregates in developed economies detects current expenditure rising faster than capital expenditure in the run-up to elections with the reverse occurring soon after. We provide a rationale for these types of political budget cycles which is consistent with full information and self-interested politicians: current expenditure typically produces immediate political returns, while politicians are still in office and, investment expenditure needs a time span to generate political dividends. This paper provides an empirical application to test the existence of a political budget cycle on EU central governments’ expenditure data running from 1970 to 2001. We use the Pooled Mean Group Estimator technique to determine the empirical results. | por |
dc.identifier.other | Aut: APR00533; | |
dc.identifier.uri | http://hdl.handle.net/10400.1/3876 | |
dc.language.iso | eng | por |
dc.peerreviewed | no | por |
dc.publisher | ECOMOD | por |
dc.relation.publisherversion | http://ecomod.net/sites/default/files/document-conference/ecomod2006-rum/1248.pdf | por |
dc.subject | Political budget cycles | por |
dc.subject | Public expenditure | por |
dc.subject | Elections | por |
dc.subject | Panel data estimation | por |
dc.title | Cycles on public expenditure composition within the European Union | por |
dc.type | conference object | |
dspace.entity.type | Publication | |
oaire.citation.conferencePlace | Bruxelas, Bélgica | por |
oaire.citation.endPage | 34 | por |
oaire.citation.startPage | 1 | por |
oaire.citation.title | ECOMOD Conference Proceedings | por |
person.familyName | Barreira | |
person.givenName | Ana Paula | |
person.identifier.ciencia-id | 471B-B2E3-7830 | |
person.identifier.orcid | 0000-0001-5816-3361 | |
rcaap.rights | openAccess | por |
rcaap.type | conferenceObject | por |
relation.isAuthorOfPublication | 59757a7d-4223-403f-bc92-86ab67f43f37 | |
relation.isAuthorOfPublication.latestForDiscovery | 59757a7d-4223-403f-bc92-86ab67f43f37 |