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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

  • DOI - Digital Object Identifier

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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • 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

  • e-ISSN

  • 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