Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures

Detalhes bibliográficos
Autor(a) principal: Castro, Vítor
Data de Publicação: 2016
Outros Autores: Martins, Rodrigo
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/1822/40080
Resumo: NIPE - WP 02/2016
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spelling Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expendituresGovernment expendituresPolitical cyclesElectionsEuropeFiscal policyCiências Sociais::Economia e GestãoNIPE - WP 02/2016This 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 point out to the presence of political opportunism at aggregated and disaggregated levels of public expenditures, but no significant evidence of partisan or other political effects is found. The expenditure components that have proved to be more related to that behaviour are public services, health, education and social protection. These include items able to generate more visible outcomes to voters and, consequently, of increasing government’s chance of re-election.The authors acknowledge helpful comments and suggestions from Mustafa Yeter, Toke Aidt and the participants in the Political Economy Workshop, Jesus College, University of Cambridge, UK, 4 December 2015. Vitor Castro also wishes to thank the financial support provided by the Portuguese Foundation for Science and Technology under the research grant SFRH/BSAB/113588/2015 (partially funded by COMPTE, QREN and FEDER).Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoCastro, VítorMartins, Rodrigo2016-012016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/40080enghttp://www.nipe.eeg.uminho.pt/Uploads/WP_2016/NIPE_WP_02_2016.pdfinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:27:05Zoai:repositorium.sdum.uminho.pt:1822/40080Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:21:39.366758Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
title Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
spellingShingle Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
Castro, Vítor
Government expenditures
Political cycles
Elections
Europe
Fiscal policy
Ciências Sociais::Economia e Gestão
title_short Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
title_full Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
title_fullStr Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
title_full_unstemmed Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
title_sort Politically driven cycles in fiscal policy: in depth analysis of the functional components of government expenditures
author Castro, Vítor
author_facet Castro, Vítor
Martins, Rodrigo
author_role author
author2 Martins, Rodrigo
author2_role author
dc.contributor.none.fl_str_mv Universidade do Minho
dc.contributor.author.fl_str_mv Castro, Vítor
Martins, Rodrigo
dc.subject.por.fl_str_mv Government expenditures
Political cycles
Elections
Europe
Fiscal policy
Ciências Sociais::Economia e Gestão
topic Government expenditures
Political cycles
Elections
Europe
Fiscal policy
Ciências Sociais::Economia e Gestão
description NIPE - WP 02/2016
publishDate 2016
dc.date.none.fl_str_mv 2016-01
2016-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1822/40080
url http://hdl.handle.net/1822/40080
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv http://www.nipe.eeg.uminho.pt/Uploads/WP_2016/NIPE_WP_02_2016.pdf
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
publisher.none.fl_str_mv Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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