IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v39y2011i5p712-740.html
   My bibliography  Save this article

Combining Incrementalism and Exogenous Factors in Analyzing National Budgeting

Author

Listed:
  • José Caamaño-Alegre
  • Santiago Lago-Peñas

Abstract

This article focuses on the impact of both incrementalism and exogenous factors in budgeting. The authors present a double-distinction-based proposal combining incrementalism and exogenous factors and then apply this model to the case of Spain. This approach enables the authors to avoid some of the shortcomings of the earlier Davis, Dempster, and Wildavsky’s econometric method and its extensions, to examine both within-budget incrementalism (WBI) and budget-total incrementalism (BTI), and to use exogenous variables in order to explain the dynamic of marginal change and nonincremental budget variations. Results for Spain not only confirm the relevance of incrementalism but also indicate the need for additional variables to explain the dynamic of marginal change in the budget total and nonincremental changes within the budget.

Suggested Citation

  • José Caamaño-Alegre & Santiago Lago-Peñas, 2011. "Combining Incrementalism and Exogenous Factors in Analyzing National Budgeting," Public Finance Review, , vol. 39(5), pages 712-740, September.
    • Handle: RePEc:sae:pubfin:v:39:y:2011:i:5:p:712-740
    DOI: 10.1177/1091142111412578
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1091142111412578
    Download Restriction: no
    File URL: https://libkey.io/10.1177/1091142111412578?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Soumaya M. Tohamy & Hashem Dezhbakhsh & Peter H. Aranson, 2006. "A New Theory Of The Budgetary Process," Economics and Politics, Wiley Blackwell, vol. 18(1), pages 47-70, March.
    2. Jordi Pons Novell & Albert Solé Ollé, 2001. "Racionalidad De Las Previsiones Presupuestarias Y Comportamiento Estratégico. El Caso Español," Hacienda Pública Española / Review of Public Economics, IEF, vol. 157(2), June.
    3. Hallerberg, Mark & Strauch, Rolf & von Hagen, Jurgen, 2007. "The design of fiscal rules and forms of governance in European Union countries," European Journal of Political Economy, Elsevier, vol. 23(2), pages 338-359, June.
    4. Danziger, James N., 1976. "Assessing Incrementalism in British Municipal Budgeting," British Journal of Political Science, Cambridge University Press, vol. 6(3), pages 335-350, July.
    5. Herbert A. Simon, 1955. "A Behavioral Model of Rational Choice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 69(1), pages 99-118.
    6. Jones, Bryan D. & Sulkin, Tracy & Larsen, Heather A., 2003. "Policy Punctuations in American Political Institutions," American Political Science Review, Cambridge University Press, vol. 97(1), pages 151-169, February.
    7. Xavier Ballart & Eduardo Zapico, 2010. "Budget Reforms in Spain: Anything Else Beyond Budget Discipline?," Chapters, in: John Wanna & Lotte Jensen & Jouke de Vries (ed.), The Reality of Budgetary Reform in OECD Nations, chapter 11, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vicente Rios & Pedro Pascual & Fermín Cabases, 2017. "What drives local government spending in Spain? A dynamic spatial panel approach," Spatial Economic Analysis, Taylor & Francis Journals, vol. 12(2-3), pages 230-250, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Torgler, Benno & Schneider, Friedrich & Schaltegger, Christoph A., 2007. "With or Against the People? The Impact of a Bottom-Up Approach on Tax Morale and the Shadow Economy," Berkeley Olin Program in Law & Economics, Working Paper Series qt6331x6vz, Berkeley Olin Program in Law & Economics.
    2. Daniel Fonseca Costa & Francisval Carvalho & Bruno César Moreira & José Willer Prado, 2017. "Bibliometric analysis on the association between behavioral finance and decision making with cognitive biases such as overconfidence, anchoring effect and confirmation bias," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(3), pages 1775-1799, June.
    3. Christina Leuker & Thorsten Pachur & Ralph Hertwig & Timothy J. Pleskac, 2019. "Do people exploit risk–reward structures to simplify information processing in risky choice?," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 5(1), pages 76-94, August.
    4. Jae Wook Yoo & Richard Reed & Shung Jae Shin & David J. Lemak, 2009. "Strategic Choice and Performance in Late Movers: Influence of the Top Management Team's External Ties," Journal of Management Studies, Wiley Blackwell, vol. 46(2), pages 308-335, March.
    5. Giovanni Calice & Levent Kutlu & Ming Zeng, 2021. "Understanding US firm efficiency and its asset pricing implications," Empirical Economics, Springer, vol. 60(2), pages 803-827, February.
    6. Westerhoff, Frank H. & Dieci, Roberto, 2006. "The effectiveness of Keynes-Tobin transaction taxes when heterogeneous agents can trade in different markets: A behavioral finance approach," Journal of Economic Dynamics and Control, Elsevier, vol. 30(2), pages 293-322, February.
    7. José Castro Caldas & Helder Coelho, 1999. "The Origin of Institutions: Socio-Economic Processes, Choice, Norms and Conventions," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 2(2), pages 1-1.
    8. Nagler Matthew G., 2007. "Understanding the Internet's Relevance to Media Ownership Policy: A Model of Too Many Choices," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-28, June.
    9. Ranganathan, Kavitha & Lejarraga, Tomás, 2021. "Elicitation of risk preferences through satisficing," Journal of Behavioral and Experimental Finance, Elsevier, vol. 32(C).
    10. Westerhoff Frank H., 2008. "The Use of Agent-Based Financial Market Models to Test the Effectiveness of Regulatory Policies," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(2-3), pages 195-227, April.
    11. Andrew Caplin & Mark Dean & Daniel Martin, 2011. "Search and Satisficing," American Economic Review, American Economic Association, vol. 101(7), pages 2899-2922, December.
    12. Shi, Yi & Deng, Yawen & Wang, Guoan & Xu, Jiuping, 2020. "Stackelberg equilibrium-based eco-economic approach for sustainable development of kitchen waste disposal with subsidy policy: A case study from China," Energy, Elsevier, vol. 196(C).
    13. Lawrence Bunnell & Kweku-Muata Osei-Bryson & Victoria Y. Yoon, 0. "RecSys Issues Ontology: A Knowledge Classification of Issues for Recommender Systems Researchers," Information Systems Frontiers, Springer, vol. 0, pages 1-42.
    14. da Silveira, Jaylson Jair & Lima, Gilberto Tadeu, 2021. "Wage inequality as a source of endogenous macroeconomic fluctuations," Structural Change and Economic Dynamics, Elsevier, vol. 56(C), pages 35-52.
    15. Nathan N. Cheek & Jacob Goebel, 2020. "What does it mean to maximize? “Decision difficulty,†indecisiveness, and the jingle-jangle fallacies in the measurement of maximizing," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 15(1), pages 7-24, January.
    16. Marianne Bertrand & Dean Karlin & Sendhil Mullainathan & Eldar Shafir & Jonathan Zinman, 2005. "What's Psychology Worth? A Field Experiment in the Consumer Credit Market," NBER Working Papers 11892, National Bureau of Economic Research, Inc.
    17. Martinovici, A., 2019. "Revealing attention - how eye movements predict brand choice and moment of choice," Other publications TiSEM 7dca38a5-9f78-4aee-bd81-c, Tilburg University, School of Economics and Management.
    18. Manolis, Chris & Nygaard, Arne & Stillerud, Bård, 1997. "Uncertainty and vertical control: An international investigation," International Business Review, Elsevier, vol. 6(5), pages 501-518, October.
    19. Umar, Tarik, 2022. "Complexity aversion when SeekingAlpha," Journal of Accounting and Economics, Elsevier, vol. 73(2).
    20. Izat B. Baybusinov & Enrico Maria Fenoaltea & Yi-Cheng Zhang, 2022. "Negotiation problem," Papers 2201.12619, arXiv.org.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:39:y:2011:i:5:p:712-740. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.