Political Budget Cycles in the European Union - Post-Communist Heritage
Journal Title: Acta Scientiarum Polonorum. Oeconomia - Year 2018, Vol 0, Issue 0
Abstract
We test the hypothesis that post-communist history affect election cycles in the European Union countries. We show that pre-election fiscal manipulation increase total public spending per capita by 1.9% and three specific spending categories, i.e. general public services, public order and safety, and economic affairs in Central and Eastern Europe democracies with post-communist roots. At the same time we observe no significant spending deviations in remaining EU Member States, except expenditure linked to environmental protection. Our results indicate cross-country heterogeneity of political budget cycles (PBCs) in the EU, conditional on political system history.
Authors and Affiliations
Michał Wielechowski
Keywords
Related Articles
- EP ID EP536011
- DOI 10.22630/ASPE.2018.17.2.28
- Views 79
- Downloads 0
The Ethical Dilemmas in Marketing - the Positive Idea and its Desirable and Undesirable Consequences
The article deals with the issue of intended and unintended socio-economic consequences of marketing actions. Marketing concept is a positive idea of creating value for customers and other stakeholders, but the results o...
Polish Open-End Pension Funds Performance and its Persistance
This paper deals with the assessment of the investment results achieved by 14 pension funds functioning on the Polish market in 2000–2013. Calmar, Omega, upside potential ratio (UPR) and Sortino ratios were used to estim...
Innovations in the Foodservice Business in Large Polish Cities
Innovation plays an important role enabling businesses to retain their competitiveness ensuring their longterm survival on dynamic markets. This article presents innovations in terms of an offer (product/services) and/or...
Evaluation of Firms of Agriculture and Food Sectors Quoted at Borsa Istanbul (Bist) by Dea-based Malmquist Total Factor Productivity Index
This study applies a DEA-based Malmquist index to measure technical efficiency and total factor productivity change of food and agriculture firms quoted at Borsa İstanbul (BİST) over the 2010–2015 period. We have investi...
Changes in Food Consumption in Poland and Other EU Countries
The article presents the determinants and directions of changes in food consumption in Poland against the background of other EU countries. Presentation the state of scientific knowledge is a baseline for further conside...