The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012)
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/37381 |
Resumo: | This paper attempts to empirically test whether inter-parties’ political differences impact public finances in Portugal differently. Focused on public debt and the government budget deficit, and using data collected since 1974 for several variables, this paper applies econometric modeling to show that inter-parties’ differences have had no significant impact on the performance of public finances in Portugal. We observed that the Portuguese public budget deficit and the Portuguese public debt are mainly influenced by the process of globalization, the profile of the Portuguese Welfare State, and the phases of the economic cycle. In this context, this paper aims to dispel some myths regarding the “value” of a policy process based on political intrigue, enmity, and confrontation around differentiated political parties’ merits in European democracies. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012)This paper attempts to empirically test whether inter-parties’ political differences impact public finances in Portugal differently. Focused on public debt and the government budget deficit, and using data collected since 1974 for several variables, this paper applies econometric modeling to show that inter-parties’ differences have had no significant impact on the performance of public finances in Portugal. We observed that the Portuguese public budget deficit and the Portuguese public debt are mainly influenced by the process of globalization, the profile of the Portuguese Welfare State, and the phases of the economic cycle. In this context, this paper aims to dispel some myths regarding the “value” of a policy process based on political intrigue, enmity, and confrontation around differentiated political parties’ merits in European democracies.COMPETE, QREN, FEDER, FCTUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)Universidade do MinhoAlmeida, André Corrêa d'Mourão, Paulo20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/37381enghttp://www.nipe.eeg.uminho.pt/Uploads/WP_2015/NIPE_WP_11_2015.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:RCAAP2023-07-21T12:11:17Zoai:repositorium.sdum.uminho.pt:1822/37381Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:03:03.007968Repositório 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 |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
title |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
spellingShingle |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) Almeida, André Corrêa d' |
title_short |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
title_full |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
title_fullStr |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
title_full_unstemmed |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
title_sort |
The irrelevance of political parties’ differences for public finances: evidence from public deficit and debt in Portugal (1974 – 2012) |
author |
Almeida, André Corrêa d' |
author_facet |
Almeida, André Corrêa d' Mourão, Paulo |
author_role |
author |
author2 |
Mourão, Paulo |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Almeida, André Corrêa d' Mourão, Paulo |
description |
This paper attempts to empirically test whether inter-parties’ political differences impact public finances in Portugal differently. Focused on public debt and the government budget deficit, and using data collected since 1974 for several variables, this paper applies econometric modeling to show that inter-parties’ differences have had no significant impact on the performance of public finances in Portugal. We observed that the Portuguese public budget deficit and the Portuguese public debt are mainly influenced by the process of globalization, the profile of the Portuguese Welfare State, and the phases of the economic cycle. In this context, this paper aims to dispel some myths regarding the “value” of a policy process based on political intrigue, enmity, and confrontation around differentiated political parties’ merits in European democracies. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015 2015-01-01T00:00:00Z |
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/1822/37381 |
url |
http://hdl.handle.net/1822/37381 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://www.nipe.eeg.uminho.pt/Uploads/WP_2015/NIPE_WP_11_2015.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 instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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 |
repository.mail.fl_str_mv |
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1799132434402377728 |