Political budget cycles in Latin America, 1982-2014
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| Format: | Artículo científico |
| Language: | en |
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Universidad Católica de Colombia
2020
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| _version_ | 1876443762237898752 |
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| author | Pablo Mejía Reyes |
| author_facet | Pablo Mejía Reyes |
| contents | Political budget cycles in Latin America, 1982-2014 Pablo Mejía Reyes Marlen Rocio Reyes Hernández Paolo Riguzzi Economía y Finanzas Latin America public expenditure Political budget cycle This paper aims to detect the presence of political budget cycles (PBuCs) around presidential elections in four large Latin American countries (Argentina, Chile, Colombia, and Mexico) over the 1982-2014 period, in the framework of democratic regimes. Extended autoregressive models are estimated for total public expenditure and their chief components, considering the effect of economic fluctuations. Among the most important findings, weak evidence of PBuCs was found in the case of Argentina and Chile, while in the case of Mexico and Colombia, post-electoral adjustments in budget items sensitive to political manipulation were found, such as subsidies and public works, along with pre-electoral increases in total expenditure in the former one, and in goods and services in the latter. 2020 artículo científico 2248-6046 https://www.redalyc.org/articulo.oa?id=323565196009 https://www.redalyc.org/journal/3235/323565196009/ https://www.redalyc.org/journal/3235/323565196009/html/ https://www.redalyc.org/journal/3235/323565196009/323565196009.epub https://www.redalyc.org/journal/3235/323565196009/movil 10.14718/revfinanzpolitecon.v12.n1.2020.3061 en http://www.redalyc.org/revista.oa?id=3235 Revista Finanzas y Política Económica application/pdf Universidad Católica de Colombia Revista Finanzas y Política Económica (Colombia) Num.1 Vol.12 |
| format | Artículo científico |
| id | redalyc_323565196009 |
| institution | Redalyc |
| language | en |
| publishDate | 2020 |
| publisher | Universidad Católica de Colombia |
| spellingShingle | Political budget cycles in Latin America, 1982-2014 Pablo Mejía Reyes Economía y Finanzas Latin America public expenditure Political budget cycle Political budget cycles in Latin America, 1982-2014 Pablo Mejía Reyes Marlen Rocio Reyes Hernández Paolo Riguzzi Economía y Finanzas Latin America public expenditure Political budget cycle This paper aims to detect the presence of political budget cycles (PBuCs) around presidential elections in four large Latin American countries (Argentina, Chile, Colombia, and Mexico) over the 1982-2014 period, in the framework of democratic regimes. Extended autoregressive models are estimated for total public expenditure and their chief components, considering the effect of economic fluctuations. Among the most important findings, weak evidence of PBuCs was found in the case of Argentina and Chile, while in the case of Mexico and Colombia, post-electoral adjustments in budget items sensitive to political manipulation were found, such as subsidies and public works, along with pre-electoral increases in total expenditure in the former one, and in goods and services in the latter. 2020 artículo científico 2248-6046 https://www.redalyc.org/articulo.oa?id=323565196009 https://www.redalyc.org/journal/3235/323565196009/ https://www.redalyc.org/journal/3235/323565196009/html/ https://www.redalyc.org/journal/3235/323565196009/323565196009.epub https://www.redalyc.org/journal/3235/323565196009/movil 10.14718/revfinanzpolitecon.v12.n1.2020.3061 en http://www.redalyc.org/revista.oa?id=3235 Revista Finanzas y Política Económica application/pdf Universidad Católica de Colombia Revista Finanzas y Política Económica (Colombia) Num.1 Vol.12 |
| title | Political budget cycles in Latin America, 1982-2014 |
| topic | Economía y Finanzas Latin America public expenditure Political budget cycle |
| url | https://www.redalyc.org/articulo.oa?id=323565196009 https://www.redalyc.org/journal/3235/323565196009/ https://www.redalyc.org/journal/3235/323565196009/html/ https://www.redalyc.org/journal/3235/323565196009/323565196009.epub https://www.redalyc.org/journal/3235/323565196009/movil |