About: The Political Budget Cycle in OECD Countries

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	Examination of so called political business cycle, that is, the possibility of a macroeconomic cycle induced by the political cycle, provides little evidence in empirical studies. The empirical evidence of statistically significant increase in economic activity before election is especially a matter of less developed countries. There is a shift in focus to political budget cycle in the developed economies. This paper examines the presence of political budget cycles (PBCs) in the OECD countries using data from all 34 member states over the period 1995- 2012. The dynamic panel linear regression model is used in this article. Three important results emerge: First, there is PBC in the OECD countries. Second, there is a cycle in the fiscal expenditures. Third, there is not cycle in the fiscal revenues. Examination of so called political business cycle, that is, the possibility of a macroeconomic cycle induced by the political cycle, provides little evidence in empirical studies. The empirical evidence of statistically significant increase in economic activity before election is especially a matter of less developed countries. There is a shift in focus to political budget cycle in the developed economies. This paper examines the presence of political budget cycles (PBCs) in the OECD countries using data from all 34 member states over the period 1995- 2012. The dynamic panel linear regression model is used in this article. Three important results emerge: First, there is PBC in the OECD countries. Second, there is a cycle in the fiscal expenditures. Third, there is not cycle in the fiscal revenues. (en)
Title	The Political Budget Cycle in OECD Countries The Political Budget Cycle in OECD Countries (en)
skos:prefLabel	The Political Budget Cycle in OECD Countries The Political Budget Cycle in OECD Countries (en)
skos:notation	RIV/61989100:27510/14:86090776!RIV15-MSM-27510___
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...vai/riv/dodaniDat	2015
http://linked.open...aciTvurceVysledku	Janků, Jan
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Vysoká škola báňská - Technická univerzita Ostrava / Ekonomická fakulta
http://linked.open...dnocenehoVysledku	37282
http://linked.open...ai/riv/idVysledku	RIV/61989100:27510/14:86090776
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Election, fiscal policy, political budget cycle, public choice theory, rationality (en)
http://linked.open.../riv/klicoveSlovo	political budget cycle Election fiscal policy public choice theory rationality
http://linked.open...ontrolniKodProRIV	[9C03DBE9D3EA]
http://linked.open...v/mistoKonaniAkce	Ostravice
http://linked.open...i/riv/mistoVydani	Karviná
http://linked.open...i/riv/nazevZdroje	Recenzovaný sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie : 16.-18. září 2014, Betline Forest Hotel, Ostravice
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2014
http://linked.open...iv/tvurceVysledku	Janků, Jan
http://linked.open...vavai/riv/typAkce	EUR - Evropská
http://linked.open.../riv/zahajeniAkce	2014-09-16 (xsd:date)
number of pages	10 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Slezská univerzita v Opavě, Obchodně podnikatelská fakulta
https://schema.org/isbn	978-80-7510-045-0
http://localhost/t...ganizacniJednotka	27510

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