DOLEŽALOVÁ, Jitka. Political cycle and fiscal policy in the countries of the European Union. Ekonomická revue. Ostrava: VŠB-Technická univerzita, 2013, roč. 16, č. 2, s. 93-108. ISSN 1212-3951. doi:10.7327/cerei.2013.06.04.
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Základní údaje
Originální název Political cycle and fiscal policy in the countries of the European Union
Název anglicky Political cycle and fiscal policy in the countries of the European Union
Autoři DOLEŽALOVÁ, Jitka (203 Česká republika, garant, domácí).
Vydání Ekonomická revue, Ostrava, VŠB-Technická univerzita, 2013, 1212-3951.
Další údaje
Originální jazyk čeština
Typ výsledku Článek v odborném periodiku
Obor 50200 5.2 Economics and Business
Stát vydavatele Česká republika
Utajení není předmětem státního či obchodního tajemství
WWW URL
Kód RIV RIV/00216224:14560/13:00069168
Organizační jednotka Ekonomicko-správní fakulta
Doi http://dx.doi.org/10.7327/cerei.2013.06.04
Klíčová slova česky volby; fiskální politika; ideologie; politicko-rozpočtový cyklus; státní rozpočet
Klíčová slova anglicky election; fiscal policy; ideology; political-budget cycle; state budget
Příznaky Mezinárodní význam, Recenzováno
Změnil Změnila: Ing. Jitka Doležalová, Ph.D., učo 50356. Změněno: 24. 3. 2014 09:50.
Anotace
The effort of politicians in power to form the decision of voters through expansive fiscal policy in pre-election period is still actual topic. This article aims to determine whether governments in the European Union countries initiate the political-budget cycle. We analyze 23 EU member states in the period 1995–2008. We pay attention to four institutional factors which can contribute to the creation of the political-budget cycle: length of democracy, type of parliamentary elections, term of elections and ideology. We found out that the political-budget cycle was present throughhout the European Union countries in this period. The factor of the length of democracy had small impact on statistical significance of results. However, ideology turned out to be the most important factor in our analysis. Current revenues were used as a tool of fiscal policy in the years of elections predominantly by ideologi-cally mixed governments. Left-wing governments used rather the expenditure side of the budget to win the favour of the electorate. The type of elections (regular or premature) became relevant only in specific cases and in com-bination with other institutional factors. Finally, especially the new EU member governments consider the spring or autumn term of election as a criterion co-determining their pre-election fiscal policy.
Anotace anglicky
The effort of politicians in power to form the decision of voters through expansive fiscal policy in pre-election period is still actual topic. This article aims to determine whether governments in the European Union countries initiate the political-budget cycle. We analyze 23 EU member states in the period 1995–2008. We pay attention to four institutional factors which can contribute to the creation of the political-budget cycle: length of democracy, type of parliamentary elections, term of elections and ideology. We found out that the political-budget cycle was present throughhout the European Union countries in this period. The factor of the length of democracy had small impact on statistical significance of results. However, ideology turned out to be the most important factor in our analysis. Current revenues were used as a tool of fiscal policy in the years of elections predominantly by ideologi-cally mixed governments. Left-wing governments used rather the expenditure side of the budget to win the favour of the electorate. The type of elections (regular or premature) became relevant only in specific cases and in com-bination with other institutional factors. Finally, especially the new EU member governments consider the spring or autumn term of election as a criterion co-determining their pre-election fiscal policy.
Návaznosti
MUNI/A/0799/2012, interní kód MUNázev: Hospodářská politika v ČR
Investor: Masarykova univerzita, Hospodářská politika v ČR, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty
VytisknoutZobrazeno: 27. 9. 2022 04:43