Bove, V. and Efthyvoulou, G. (2013) Political cycles in public expenditure: butter vs. guns. Research Report. Department of Economics, University of Sheffield ISSN 1749-8368
Abstract
This paper investigates how the timing of elections and government ideological motivations influence the dynamics of social and military expenditure in a panel of 22 OECD countries over the period 1988-2008. Three basic results emerge. First, governments tend to bias outlays towards social expenditure and away from military expenditure at election times. Second, membership in the NATO alliance affects the timing of election-driven military spending manipulations. Third, partisan distinctions are clearly discernible but differ between the two types of expenditure: while certain categories of social expenditure are higher during left administrations, military expenditure are higher during right administrations.
Metadata
Item Type: | Monograph |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | The Sheffield Economics Research Paper (SERP) series offers a forum for the research output of the academic staff and research students of the Department of Economics, University of Sheffield. Papers are reviewed for quality and presentation by a departmental editor. However, the contents and opinions expressed remain the responsibility of the authors. All papers may be downloaded free on the understanding that the contents are preliminary and therefore permission from the author(s) should be sought before they are referenced. |
Keywords: | elections; partisanship; social expenditure; military expenditure; |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) > Sheffield Economics Research Papers Series |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 06 Dec 2013 11:36 |
Last Modified: | 08 Nov 2016 17:23 |
Published Version: | http://www.shef.ac.uk/economics/research/serps/yea... |
Status: | Published |
Publisher: | Department of Economics, University of Sheffield |
Identification Number: | 2013016 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:77201 |