Conditional Political Business Cycles and Political budget Cycles in the EU Countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094828" target="_blank" >RIV/61989100:27510/15:86094828 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Conditional Political Business Cycles and Political budget Cycles in the EU Countries
Original language description
Can electoral motives influence economic performance? Can electoral motives influence fiscal outcome? Are there systematic patterns in the fiscal policy variables (expenditure, revenue, deficits), which are caused by upcoming elections? This paper examines the presence of the conditional political business cycle and the conditional political budget cycle in the EU countries using data from all 28 member states over the period 1995 - 2013. The dynamic panel linear regression model is used in this article. Three important results emerge: First, there is not statistically the significant political-business cycle in the EU countries. Second, the political-business cycle apparently does not depend on credibility and transparency of fiscal institutions. Third, in the EU countries, however, exists a political-budget cycle, which is institutionally conditioned.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Innovation Vision 2020: from regional development sustainability to global economic growth : proceedings of the 25th International Business Information Management Association Conference : May 7-8, 2015, Amsterdam, Netherlands
ISBN
978-0-9860419-4-5
ISSN
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e-ISSN
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Number of pages
13
Pages from-to
1512-1524
Publisher name
IBIMA
Place of publication
Norristown
Event location
Amsterdam
Event date
May 7, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000360508700149