The Political-Budget Cycle in Countries of the European Union

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F11%3A00054144" target="_blank" >RIV/00216224:14560/11:00054144 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.2478/v10135-011-0005-z" target="_blank" >http://dx.doi.org/10.2478/v10135-011-0005-z</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.2478/v10135-011-0005-z" target="_blank" >10.2478/v10135-011-0005-z</a>

Result language

čeština

Original language name

The Political-Budget Cycle in Countries of the European Union

Original language description

We empirically estimate the political-budget cycle in the member countries of the European Union in period of 1988-2008. We indirectly analyze the potential of these countries to deal with increasing public debts which were augmented by global economic crisis. The selection of the EU countries depends on three characteristics of democracy ? shared power, openness, adaptability. The openness of democracy is the most important characteristics in relation to effective behavior of governments. We suppose that governments are motivated to make electoral manipulation in countries which have the lower level of openness. We choose Finland, the Netherlands, Austria, Estonia, Poland, the Czech Republic, Romania and Greece to our sample of countries. The researchof political-budget cycle confirmed our assumption. We did not find the political-budget cycle in Finland, the Netherlands and Estonia.

Czech name

The Political-Budget Cycle in Countries of the European Union

Czech description

We empirically estimate the political-budget cycle in the member countries of the European Union in period of 1988-2008. We indirectly analyze the potential of these countries to deal with increasing public debts which were augmented by global economic crisis. The selection of the EU countries depends on three characteristics of democracy ? shared power, openness, adaptability. The openness of democracy is the most important characteristics in relation to effective behavior of governments. We suppose that governments are motivated to make electoral manipulation in countries which have the lower level of openness. We choose Finland, the Netherlands, Austria, Estonia, Poland, the Czech Republic, Romania and Greece to our sample of countries. The researchof political-budget cycle confirmed our assumption. We did not find the political-budget cycle in Finland, the Netherlands and Estonia.

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2011

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Národohospodárský obzor

ISSN

1213-2446

e-ISSN

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Volume of the periodical

11

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

22

Pages from-to

12-33

UT code for WoS article

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EID of the result in the Scopus database

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