- Title
- An Investigation About Political Budget Cycle in the Electoral Period in American Countries
- Creator
- Crispim, Gilberto; Rodrigs, Marcus Craig; Alberton, Luiz
- Relation
- Journal of Finance and Accounting Vol. 11, Issue 3, p. 95-106
- Publisher Link
- http://dx.doi.org/10.11648/j.jfa.20231103.15
- Publisher
- Science Publishing Group
- Resource Type
- journal article
- Date
- 2023
- Description
- Considering the new wave of discussion on the expenses made during electoral periods in democratic governments in specialized literature, in which governments stimulate the economy in election years to prospect votes and stay in power, concentrating greater spending on media actions to influence voters in choosing their vote, this study explores the Political Budget Cycles (PBC) and their contributions during the presidential election period, in the governments of the Americas from 1990 to 2019, with the objective of identifying the impact on spending on education (SU), health (HEA), national security (NS), transportation and communication (TC), as well as on the budget deficit (BD), budget surplus (BS), gross domestic product (GDP), human development index (HDI), and unemployment rate (UR). This was done using the random effects statistical method of tobit regression for pooled panel data on expenditures incurred in the 37 American countries. The results are robust and diverge from other studies, as also show that the investigated expenditures do not undergo significant changes in the election period, as suggested by other studies, and that the presence of Political Budget Cycles in democratic countries contributes positively to the economic and human development of these countries located in the Americas.
- Subject
- Political Budget Cycles; panel data; presidential election; Americas
- Identifier
- http://hdl.handle.net/1959.13/1505582
- Identifier
- uon:55692
- Identifier
- ISSN:2330-7323
- Rights
- x
- Language
- eng
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