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Political Budget Cycles in the European Union and the Impact of Political Pressures: A dynamic panel regression analysis

Citations

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Cited by:

  1. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
  2. Manjhi, Ganesh & Keswani Mehra, Meeta, 2016. "Center-State Political Transfer Cycles in India," MPRA Paper 70784, University Library of Munich, Germany.
  3. Mohamed Boly & Pascale Combes Motel & Jean-Louis Combes, 2019. "How much does environment pay for politicians?," Post-Print hal-02314982, HAL.
  4. Castro, Vítor, 2017. "The impact of fiscal consolidations on the functional components of government expenditures," Economic Modelling, Elsevier, vol. 60(C), pages 138-150.
  5. Mario Mechtel & Niklas Potrafke, 2013. "Electoral cycles in active labor market policies," Public Choice, Springer, vol. 156(1), pages 181-194, July.
  6. Baldi, Guido & Forster, Stephan, 2019. "Political Budget Cycles: Evidence from Swiss Cantons," EconStor Preprints 195930, ZBW - Leibniz Information Centre for Economics.
  7. Dionysios K. Solomos & Dimitrios N. Koumparoulis, 2013. "Financial Sector and Business Cycles Determinants in the EMU: An Empirical Approach (1996-2011)," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 34-58.
  8. Vítor Castro & Rodrigo Martins, 2015. "Budget, expenditures composition and political manipulation: Evidence from Portugal," NIPE Working Papers 4/2015, NIPE - Universidade do Minho.
  9. Björn Kauder & Niklas Potrafke & Christoph Schinke, 2017. "Manipulating Fiscal Forecasts: Evidence from the German States," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 73(2), pages 213-236, June.
  10. Muraközy, Balázs & Telegdy, Álmos, 2016. "Political incentives and state subsidy allocation: Evidence from Hungarian municipalities," European Economic Review, Elsevier, vol. 89(C), pages 324-344.
  11. Esther Ademmer & Ferdinand Dreher, 2016. "Constraining Political Budget Cycles: Media Strength and Fiscal Institutions in the Enlarged EU," Journal of Common Market Studies, Wiley Blackwell, vol. 54(3), pages 508-524, May.
  12. Rancan, Michela & Cariboni, Jessica & Keasey, Kevin & Vallascas, Francesco, 2023. "Bond issuance and the funding choices of European banks: The consequences of public debt," Journal of Empirical Finance, Elsevier, vol. 74(C).
  13. Ademmer, Esther & Dreher, Ferdinand, 2014. "Institutional constraints to political budget cycles in the enlarged EU," Kiel Working Papers 1964, Kiel Institute for the World Economy (IfW Kiel).
  14. Janků, Jan & Libich, Jan, 2019. "Ignorance isn't bliss: Uninformed voters drive budget cycles," Journal of Public Economics, Elsevier, vol. 173(C), pages 21-43.
  15. Merola, Rossana & Pérez, Javier J., 2013. "Fiscal forecast errors: Governments versus independent agencies?," European Journal of Political Economy, Elsevier, vol. 32(C), pages 285-299.
  16. Castro, Vítor & Martins, Rodrigo, 2018. "Politically driven cycles in fiscal policy: In depth analysis of the functional components of government expenditures," European Journal of Political Economy, Elsevier, vol. 55(C), pages 44-64.
  17. Vítor Castro & Rodrigo Martins, 2015. "Budget, expenditures composition and political manipulation: Evidence from Portugal," NIPE Working Papers 4/2015, NIPE - Universidade do Minho.
  18. Chortareas, Georgios & Logothetis, Vassilis & Papandreou, Andreas, 2018. "Public Opinion, Elections, and Environmental Fiscal Policy," Cardiff Economics Working Papers E2018/9, Cardiff University, Cardiff Business School, Economics Section.
  19. Foremny, Dirk & Riedel, Nadine, 2014. "Business taxes and the electoral cycle," Journal of Public Economics, Elsevier, vol. 115(C), pages 48-61.
  20. Georgios Efthyvoulou, 2012. "Political budget cycles in the European Union and the impact of political pressures," Public Choice, Springer, vol. 153(3), pages 295-327, December.
  21. Spyros Skouras & Nicos Christodoulakis, 2011. "Electoral Misgovernance Cycles: Evidence from wildfires and tax evasion in Greece and elsewhere," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 47, Hellenic Observatory, LSE.
  22. Bove, Vincenzo & Efthyvoulou, Georgios & Navas, Antonio, 2017. "Political cycles in public expenditure: butter vs guns," Journal of Comparative Economics, Elsevier, vol. 45(3), pages 582-604.
  23. Richard Jong-A-Pin & Jan-Egbert Sturm & Jakob de Haan & Jakob de Haan, 2012. "Using Real-Time Data to Test for Political Budget Cycles," CESifo Working Paper Series 3939, CESifo.
  24. Basistha, Ahana & Dhillon, Amrita & Chaudhuri, Arka Roy, 2024. "Elections and Rural Road Construction: Evidence from India," CAGE Online Working Paper Series 712, Competitive Advantage in the Global Economy (CAGE).
  25. Hope, David, 2016. "Estimating the effect of the EMU on current account balances: A synthetic control approach," European Journal of Political Economy, Elsevier, vol. 44(C), pages 20-40.
  26. Margarita Katsimi & Vassilis Sarantides, 2015. "Public investment and reelection prospects in developed countries," Southern Economic Journal, John Wiley & Sons, vol. 82(2), pages 471-500, October.
  27. Atsuyoshi Morozumi & Francisco Jose Veiga & Linda Goncalves Veiga, 2014. "Electoral effects on the composition of public spending and revenue: evidence from a large panel of countries," Discussion Papers 2014/16, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
  28. Lamar Crombach & Frank Bohn, 2024. "Uninformed voters with (im)precise expectations: Explaining political budget cycle puzzles," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 275-311, March.
  29. Ringa Raudla & James W. Douglas & Muiris MacCarthaigh, 2022. "Medium‐term expenditure frameworks: Credible instrument or mirage?," Public Budgeting & Finance, Wiley Blackwell, vol. 42(3), pages 71-92, September.
  30. Lenka Maličká, 2019. "Political Expenditure Cycle at the Municipal Government Level in Slovakia," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(2), pages 503-513.
  31. Alicja Sekula & Joanna Smiechowicz, 2016. "Systems Of General Grants For Local Governments In Selected Eu Countries Against The Background Of The General Theory Of Fiscal Policy," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(4), pages 711-734, December.
  32. Koetter, Michael & Müller, Carola & Noth, Felix & Fritz, Benedikt, 2018. "May the force be with you: Exit barriers, governance shocks, and profitability sclerosis in banking," Discussion Papers 49/2018, Deutsche Bundesbank.
  33. Spyros Skouras & Nicos Christodoulakis, 2014. "Electoral misgovernance cycles: evidence from wildfires and tax evasion in Greece," Public Choice, Springer, vol. 159(3), pages 533-559, June.
  34. Linda G. Veiga & Georgios Efthyvoulou & Atsuyoshi Morozumi, 2018. "Political Budget Cycles: Conditioning Factors and New Evidence," NIPE Working Papers 21/2018, NIPE - Universidade do Minho.
  35. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers halshs-01238883, HAL.
  36. Niklas Potrafke, 2015. "The Evidence on Globalisation," The World Economy, Wiley Blackwell, vol. 38(3), pages 509-552, March.
  37. Antoine CAZALS & Pierre MANDON, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers 201609, CERDI.
  38. repec:idq:ictduk:13713 is not listed on IDEAS
  39. Klomp, Jeroen, 2023. "Political budget cycles in military expenditures: A meta-analysis," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1083-1102.
  40. V�tor Castro & Rodrigo Martins, 2016. "Are there political cycles hidden inside government expenditures?," Applied Economics Letters, Taylor & Francis Journals, vol. 23(1), pages 34-37, January.
  41. Maria Teresa Balaguer-Coll & María Isabel Brun-Martos & Anabel Forte & Emili Tortosa-Ausina, 2014. "Determinants of local governments'­ reelection: New evidence based on a Bayesian approach," Working Papers 2014/06, Economics Department, Universitat Jaume I, Castellón (Spain).
  42. repec:nip:nipewp:04/2015 is not listed on IDEAS
  43. Lenka Malicka, 2018. "Political Expenditure Cycle in V4 Countries," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 14(3), pages 163-176.
  44. Masahiro Tanaka, 2015. "Measuring Political Budget Cycles: A Bayesian Semiparametric Assessment," Working Papers 1415, Waseda University, Faculty of Political Science and Economics.
  45. Antoine Cazals & Pierre Mandon, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers halshs-01320586, HAL.
  46. Enkelmann, Sören & Leibrecht, Markus, 2013. "Political expenditure cycles and election outcomes: Evidence from disaggregation of public expenditures by economic functions," Economics Letters, Elsevier, vol. 121(1), pages 128-132.
  47. Boly, Mohamed & Combes, Jean-Louis & Combes Motel, Pascale, 2023. "Does environment pay for politicians?," Economic Modelling, Elsevier, vol. 128(C).
  48. Jan Janků, 2016. "Podmíněný politicko-rozpočtový cyklus v zemích OECD [Conditional Political Budget Cycle in the OECD Countries]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(1), pages 65-82.
  49. Lee, Dongwon & Min, Sujin, 2021. "Defective democracy and the political budget cycle," Journal of Comparative Economics, Elsevier, vol. 49(4), pages 947-961.
  50. Vitor Castro, 2016. "On the behaviour of the functional components ofgovernment expenditures during fiscal consolidations," NIPE Working Papers 11/2016, NIPE - Universidade do Minho.
  51. Björn Kauder & Manuela Krause & Niklas Potrafke, 2018. "Electoral cycles in MPs’ salaries: evidence from the German states," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(4), pages 981-1000, August.
  52. Bernardino Benito & Francisco Bastida & Cristina Vicente, 2013. "Creating Room for Manoeuvre: a Strategy to Generate Political Budget Cycles under Fiscal Rules," Kyklos, Wiley Blackwell, vol. 66(4), pages 467-496, November.
  53. Milan Bednař, 2019. "Political Budget Cycles in the European Union: New Evidence of Fragmentation," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(4), pages 523-547, December.
  54. Konstantinos Konstantakis & Theofanis Papageorgiou & Panayotis Michaelides & Efthymios Tsionas, 2015. "Economic Fluctuations and Fiscal Policy in Europe: A Political Business Cycles Approach Using Panel Data and Clustering (1996–2013)," Open Economies Review, Springer, vol. 26(5), pages 971-998, November.
  55. Jakob Haan & Jeroen Klomp, 2013. "Conditional political budget cycles: a review of recent evidence," Public Choice, Springer, vol. 157(3), pages 387-410, December.
  56. Vicente, Cristina & Ríos, Ana-María & Guillamón, María-Dolores, 2013. "Voting behavior and budget stability," Revista de Contabilidad - Spanish Accounting Review, Elsevier, vol. 16(1), pages 46-52.
  57. Bram Gootjes & Jakob Haan & Richard Jong-A-Pin, 2021. "Do fiscal rules constrain political budget cycles?," Public Choice, Springer, vol. 188(1), pages 1-30, July.
  58. Klomp, Jeroen & de Haan, Jakob, 2016. "Election cycles in natural resource rents: Empirical evidence," Journal of Development Economics, Elsevier, vol. 121(C), pages 79-93.
  59. Tommaso Giommoni, 2019. "Does progressivity always lead to progress? The impact of local redistribution on tax manipulation," CESifo Working Paper Series 7588, CESifo.
  60. Pantelis Kammas & Vassilis Sarantides, 2016. "Fiscal redistribution around elections when democracy is not “the only game in town”," Public Choice, Springer, vol. 168(3), pages 279-311, September.
  61. Nadezda Stanova, 2012. "Democratic learning and fiscal rules in the political budget cycles of the CEE countries," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 5(2), pages 168-182.
  62. Aidt, Toke S. & Mooney, Graham, 2014. "Voting suffrage and the political budget cycle: Evidence from the London Metropolitan Boroughs 1902–1937," Journal of Public Economics, Elsevier, vol. 112(C), pages 53-71.
  63. Klomp, Jeroen, 2023. "Defending election victory by attacking company revenues: The impact of elections on the international defense industry," European Journal of Political Economy, Elsevier, vol. 79(C).
  64. Efthyvoulou, Georgios, 2011. "Political cycles under external economic constraints: Evidence from Cyprus," Journal of Economics and Business, Elsevier, vol. 63(6), pages 638-662.
  65. Helene Ehrhart, 2013. "Elections and the structure of taxation in developing countries," Public Choice, Springer, vol. 156(1), pages 195-211, July.
  66. Jeroen Klomp & Jakob Haan, 2013. "Political budget cycles and election outcomes," Public Choice, Springer, vol. 157(1), pages 245-267, October.
  67. Jiří Gregor, 2016. "Political Budget Cycles in the European Union," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 64(2), pages 595-601.
  68. Francisco Jose Veiga & Linda Goncalves Veiga & Atsuyoshi Morozumi, 2015. "Political budget cycles and media freedom," Discussion Papers 2015/14, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
  69. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
  70. Bram Gootjes & Jakob Haan & Richard Jong-A-Pin, 2021. "Do fiscal rules constrain political budget cycles?," Public Choice, Springer, vol. 188(1), pages 1-30, July.
  71. Toke Aidt & Graham Mooney, 2014. "Voter suffrage and the political budget cycle: evidence from the London Metropolitan Boroughs 1902-1937," Cambridge Working Papers in Economics 1401, Faculty of Economics, University of Cambridge.
  72. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Post-Print hal-01291401, HAL.
  73. Chortareas, Georgios & Logothetis, Vasileios & Papandreou, Andreas A., 2016. "Political budget cycles and reelection prospects in Greece's municipalities," European Journal of Political Economy, Elsevier, vol. 43(C), pages 1-13.
  74. García, Israel & Hayo, Bernd, 2021. "Political budget cycles revisited: Testing the signalling process," European Journal of Political Economy, Elsevier, vol. 69(C).
  75. Findley, T. Scott, 2015. "Hyperbolic memory discounting and the political business cycle," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 345-359.
  76. Arija Prieto, Pablo & Antonini, Marcello & Ammi, Mehdi & Genie, Mesfin & Paolucci, Francesco, 2024. "Political determinants of COVID-19 restrictions and vaccine rollouts: The case of regional elections in Italy and Spain," Health Policy, Elsevier, vol. 145(C).
  77. Cristian Barra & Nazzareno Ruggiero, 2023. "Institutional quality and public spending in Europe: A quantile regression approach," Economics and Politics, Wiley Blackwell, vol. 35(3), pages 949-1019, November.
  78. Solomos, Dionysios & Papageorgiou, Theofanis & Koumparoulis, Dimitrios, 2012. "Financial Sector and Business Cycles Determinants in the EMU context: An Empirical Approach (1996-2011)," MPRA Paper 43858, University Library of Munich, Germany.
  79. Balaguer-Coll, Maria Teresa & Brun-Martos, María Isabel & Forte, Anabel & Tortosa-Ausina, Emili, 2015. "Local governments' re-election and its determinants: New evidence based on a Bayesian approach," European Journal of Political Economy, Elsevier, vol. 39(C), pages 94-108.
  80. Ghany Ellantia Wiguna & Khoirunurrofik Khoirunurrofik, 2021. "Political budget cycle patterns and the role of coalition parties in shaping Indonesian local government spending," Asia-Pacific Journal of Regional Science, Springer, vol. 5(1), pages 41-64, February.
  81. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," CERDI Working papers halshs-01238883, HAL.
  82. repec:dgr:rugsom:12010-eef is not listed on IDEAS
  83. George Petrakos & Konstantinos Rontos & Luca Salvati & Chara Vavoura & Ioannis Vavouras, 2022. "Toward a political budget cycle? Unveiling long-term latent paths in Greece," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(5), pages 3379-3394, October.
  84. Stéphane Goutte & David Guerreiro & Bilel Sanhaji & Sophie Saglio & Julien Chevallier, 2019. "International Financial Markets," Post-Print halshs-02183053, HAL.
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