This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Endeudamiento y ciclos políticos presupuestarios: el caso de los ayuntamientos catalanes

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Pedro Escudero Fernández () (Departament d'Economia de l'Empresa, Universitat Autonoma de Barcelona)
Diego Prior () (Departament d'Economia de l'Empresa, Universitat Autonoma de Barcelona)

Additional information is available for the following registered author(s):

Abstract

Este trabajo de investigación se dirige sobre el ámbito de los gobiernos locales y su objetivo es el de analizar cuál es el papel del endeudamiento en los Ciclos Políticos Presupuestarios, contrastando si, en la utilización de este instrumento financiero, se da una distribución temporal estratégica en torno a las citas electorales, y si la existencia de estos ciclos puede resultar un factor explicativo del endeudamiento acumulado en los gobiernos locales. Para el contraste empírico se utilizan datos presupuestarios de los ayuntamientos catalanes con una población superior a los 10.000 habitantes, para los cuales disponemos de datos durante el periodo 1988-1999, en total 86 municipios. La metodología empleada está basada en una Prueba T para muestras relacionadas.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://selene.uab.es/dep-economia-empresa/documents/02-10.pdf
File Format: application/pdf
File Function: First version, 2002
Download Restriction: no

Publisher Info
Paper provided by Department of Business Economics, Universitat Autonoma de Barcelona in its series Working Papers with number 200210.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: Dec 2002
Date of revision:
Handle: RePEc:bbe:wpaper:200210

Contact details of provider:
Postal: 08193 Bellaterra (Cerdanyola del Vall�s)
Phone: 34 93 581 1209
Fax: 34 93 581 2555
Email:
Web page: http://selene.uab.es/dep-economia-empresa/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Antoni Vendrell Soriguera).

Related research
Keywords: Ciclos Políticos Presupuestarios; Ayuntamientos; Endeudamiento; Ilusión Fiscal;

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Rui Baleiras & Vasco Santos, 2000. "Behavioral and Institutional Determinants of Political Business Cycles," Public Choice, Springer, vol. 104(1), pages 121-147, July. [Downloadable!] (restricted)
    Other versions:
  2. Lucas, Robert Jr. & Stokey, Nancy L., 1983. "Optimal fiscal and monetary policy in an economy without capital," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 55-93. [Downloadable!] (restricted)
    Other versions:
  3. Rosenberg, Jacob, 1992. " Rationality and the Political Business Cycle: The Case of Local Government," Public Choice, Springer, vol. 73(1), pages 71-81, January.
  4. Ashworth, John, 1995. "The Empirical Relationship between Budgetary Deficits and Government Expenditure Growth: An Examination Using Cointegration," Public Finance = Finances publiques, , vol. 50(1), pages 1-18.
  5. Alesina, Alberto, 1987. "Macroeconomic Policy in a Two-Party System as a Repeated Game," The Quarterly Journal of Economics, MIT Press, vol. 102(3), pages 651-78, August. [Downloadable!] (restricted)
  6. Alesina, Alberto & Cohen, Gerald D. & Roubini, Nouriel, 1993. "Electoral business cycle in industrial democracies," European Journal of Political Economy, Elsevier, vol. 9(1), pages 1-23, March. [Downloadable!] (restricted)
  7. Price, Simon, 1997. " Political Business Cycles and Macroeconomic Credibility: A Survey," Public Choice, Springer, vol. 92(3-4), pages 407-27, September. [Downloadable!] (restricted)
  8. Rogoff, Kenneth, 1990. "Equilibrium Political Budget Cycles," American Economic Review, American Economic Association, vol. 80(1), pages 21-36, March. [Downloadable!] (restricted)
    Other versions:
  9. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec.. [Downloadable!] (restricted)
  10. Luisa Lambertini, 2003. "Are Budget Deficits Used Strategically?," Boston College Working Papers in Economics 578, Boston College Department of Economics. [Downloadable!]
  11. Milesi-Ferretti, Gian Maria & Spolaore, Enrico, 1994. "How cynical can an incumbent be? Strategic policy in a model of government spending," Journal of Public Economics, Elsevier, vol. 55(1), pages 121-140, September. [Downloadable!] (restricted)
  12. Niskanen, William A., 1978. "Deficits, government spending, and inflation : What is the evidence?," Journal of Monetary Economics, Elsevier, vol. 4(3), pages 591-602, August. [Downloadable!] (restricted)
  13. Reid, Bradford G, 1998. " Endogenous Elections, Electoral Budget Cycles and Canadian Provincial Governments," Public Choice, Springer, vol. 97(1-2), pages 35-48, October. [Downloadable!] (restricted)
  14. Cukierman, Alex & Meltzer, Allan H, 1986. "A Positive Theory of Discretionary Policy, the Cost of Democratic Government and the Benefits of a Constitution," Economic Inquiry, Oxford University Press, vol. 24(3), pages 367-88, July.
  15. Frey, Bruno S & Schneider, Friedrich, 1978. "An Empirical Study of Politico-Economic Interaction in the United States," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 174-83, May. [Downloadable!] (restricted)
  16. Nordhaus, William D, 1975. "The Political Business Cycle," Review of Economic Studies, Blackwell Publishing, vol. 42(2), pages 169-90, April. [Downloadable!] (restricted)
  17. Ito, Takatoshi, 1990. "The timing of elections and political business cycles in Japan," Journal of Asian Economics, Elsevier, vol. 1(1), pages 135-156. [Downloadable!] (restricted)
  18. Per Pettersson-Lidbom, 2001. "An Empirical Investigation of the Strategic Use of Debt," Journal of Political Economy, University of Chicago Press, vol. 109(3), pages 570-583, June. [Downloadable!] (restricted)
  19. Alesina, Alberto & Tabellini, Guido, 1990. "A Positive Theory of Fiscal Deficits and Government Debt," Review of Economic Studies, Blackwell Publishing, vol. 57(3), pages 403-14, July. [Downloadable!] (restricted)
  20. Aghion, P. & Bolton, P., 1990. "Government Domestic Debt And The Risk Of Default: A Political-Economic Model Of The Strategic Role Of Debt," DELTA Working Papers 90-11, DELTA (Ecole normale supérieure).
  21. Rogoff, Kenneth & Sibert, Anne, 1988. "Elections and Macroeconomic Policy Cycles," Review of Economic Studies, Blackwell Publishing, vol. 55(1), pages 1-16, January. [Downloadable!] (restricted)
    Other versions:
  22. Bhattacharyya, D K & Wassmer, Robert W, 1995. " Fiscal Dynamics of Local Elected Officials," Public Choice, Springer, vol. 83(3-4), pages 221-49, June.
  23. MacRae, C Duncan, 1977. "A Political Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 239-63, April. [Downloadable!] (restricted)
  24. Nuno Baleiras, Rui, 1997. "Electoral defeats and local political expenditure cycles," Economics Letters, Elsevier, vol. 56(2), pages 201-207, October. [Downloadable!] (restricted)
  25. Alesina, Alberto, 1988. "Credibility and Policy Convergence in a Two-Party System with Rational Voters," American Economic Review, American Economic Association, vol. 78(4), pages 796-805, September.
  26. Dalamagas, Basil, 1994. "The Tax versus Debt Controversy in a Multivariate Cointegrating System," Applied Economics, Taylor and Francis Journals, vol. 26(12), pages 1197-1206, December.
  27. Blais, Andre & Nadeau, Richard, 1992. " The Electoral Budget Cycle," Public Choice, Springer, vol. 74(4), pages 389-403, December.
Full references

Statistics
Access and download statistics

Did you know? You can include your works in the database easily by uploading them on the Munich Personal RePEc Archive (MPRA) if you do not have access to an institutional RePEc archive.

This page was last updated on 2009-11-25.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.