POLITICAL BUDGET CYCLES IN THE EUROPEAN UNION – POST-COMMUNIST HERITAGE

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, an...

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Bibliographic Details
Published in:Acta scientiarum Polonorum. Ekonomia. Oeconomia 2018-06, Vol.17 (2), p.125-132
Main Author: Wielechowski, Michał
Format: Article
Language:English
Subjects:
Economic history
Economic policy
EU-Accession / EU-DEvelopment
Fiscal Politics / Budgeting
Government/Political systems
Political history
Post-Communist Transformation
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Summary: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
ISSN:1644-0757
2450-047X
DOI:10.22630/ASPE.2018.17.2.28