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Persistent link: https://www.econbiz.de/10005056461
In this study, we examine the voting behavior in Indonesian parliamentary elections from 1999 to 2014. After summarizing the changes in Indonesian parties' share of the vote from a historical standpoint, we investigate the voting behavior with simple regression models to analyze the effect of...
Persistent link: https://www.econbiz.de/10011227997
Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "economic theory of politics" that would permit the integration of the...
Persistent link: https://www.econbiz.de/10005605269
The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administrative traditions. Following independence in the late-1960s economic strategies and...
Persistent link: https://www.econbiz.de/10005263739
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039
The importance of the political parties in Myanmar and their role as the creators of the future of the country. The course of the present developments relies on the ability of the political parties. This paper highlights the role of political parties, the conflict history of the country and the...
Persistent link: https://www.econbiz.de/10011133201
We empirically estimate the political-budget cycle in the member countries of the European Union in period of 1988-2008. We indirectly analyze the potential of these countries to deal with increasing public debts which were augmented by the global economic crisis. The selection of the EU...
Persistent link: https://www.econbiz.de/10011007982
This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result from a well-informed rational choice of the citizens. By applying a citizen-candidate model of representative democracy, the paper analyzes how corruption distortsthe allocation of...
Persistent link: https://www.econbiz.de/10004999974
This paper discusses the role of fiscal institutions, including budget rules and non-partisan agencies, in enhancing fiscal discipline. A dynamic model of fiscal policy shows that optimal institutions lack credibility unless the costs to bypass them are sufficiently high. In our model, a...
Persistent link: https://www.econbiz.de/10005825631
series data, a clear pattern emerges of pre-election manipulations of fiscal policy by incumbent governments, mainly in the … form of increased development spending and overall primary expenditure, followed in some cases by retrenchment in post-election … noteworthy that revenue was not statistically significantly related to elections, either in the pre- or post-election period. In …
Persistent link: https://www.econbiz.de/10005826270