Research Article

THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY

Number: 57 March 10, 2013
TR EN

THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY

Abstract

All industrial economies have been experienced significant fiscal policy cycle in their economic process. Related with these cycles, the paper is about basic level study about fiscal policies around elections within restricted theoretical background. Both political and budget cycles have crucial rules for understanding cyclical effects of fiscal policy around elections as well. That’s why; this paper could be focused given basic literature related with these subjects. In this paper, the main argument is uncertainty about remaining in power results in increased fiscal spending, which in turn distorts incentives by pushing individuals away from productive work to rent-seeking activities; then, distorted incentives affect growth. Finally, policy uncertainty as measured by the variability of government capacity will be reason of instability conditions as a whole.

Keywords

References

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  3. ANGELOPOULOS,K.,ECONOMİDES,G.(2008),Fiscal policy, rent seeking, and growth under electoral uncertainty: theory and evidence from the OECD, Canadian Journal of Economics, Vol. 41; 1375-1405.
  4. BAEZ,J.E.,CAMACHO,A.,CONOVER,E.,ZARATE,R.A.(2012), Conditional Cash Transfers, Political Participation, and Voting Behavior, World Bank Policy Research Working Paper 6215, Impact Evaluation Series No. 66, 1-34.
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  6. CHAUVET,L.,COLLIER,P.(2009),Elections and economic policy in developing countries, Economic Policy, Vol.59: 509-550.
  7. FENG,Y.(2001),Political Freedom, Political Instability, and Policy Uncertainty: A Study of Political Institutions and Private Investment in Developing Countries, International Studies Quarterly, Vol. 45: 271–294.
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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

March 10, 2013

Submission Date

October 5, 2012

Acceptance Date

-

Published in Issue

Year 2012 Number: 57

APA
Sofracı, İ. E. (2013). THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY. Maliye Araştırma Merkezi Konferansları, 57, 119-134. https://izlik.org/JA38YM39RD
AMA
1.Sofracı İE. THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY. Maliye Araştırma Merkezi Konferansları. 2013;(57):119-134. https://izlik.org/JA38YM39RD
Chicago
Sofracı, İhsan Erdem. 2013. “THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY”. Maliye Araştırma Merkezi Konferansları, nos. 57: 119-34. https://izlik.org/JA38YM39RD.
EndNote
Sofracı İE (March 1, 2013) THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY. Maliye Araştırma Merkezi Konferansları 57 119–134.
IEEE
[1]İ. E. Sofracı, “THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY”, Maliye Araştırma Merkezi Konferansları, no. 57, pp. 119–134, Mar. 2013, [Online]. Available: https://izlik.org/JA38YM39RD
ISNAD
Sofracı, İhsan Erdem. “THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY”. Maliye Araştırma Merkezi Konferansları. 57 (March 1, 2013): 119-134. https://izlik.org/JA38YM39RD.
JAMA
1.Sofracı İE. THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY. Maliye Araştırma Merkezi Konferansları. 2013;:119–134.
MLA
Sofracı, İhsan Erdem. “THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY”. Maliye Araştırma Merkezi Konferansları, no. 57, Mar. 2013, pp. 119-34, https://izlik.org/JA38YM39RD.
Vancouver
1.İhsan Erdem Sofracı. THE ELECTION PROCESS AND FISCAL POLICY CYCLES: A SURVEY. Maliye Araştırma Merkezi Konferansları [Internet]. 2013 Mar. 1;(57):119-34. Available from: https://izlik.org/JA38YM39RD