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The Effects Of Grants Cuts On Public Deficit - Does Incumbent’S Ideology Matter?

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Santiago Lago-Peñas ()

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Abstract

In this paper causality between taxes and expenditures is reexamined, suggesting that electoral cycle may be a relevant explicative factor. Using a data set from a wide sample of Spanish municipalities, I test if causal relationships between budgetary variables is effectively affected by the electoral cycle.

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File URL: http://www-sre.wu-wien.ac.at/ersa/ersaconfs/ersa05/papers/617.pdf
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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa05p617.

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Date of creation: Aug 2005
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Handle: RePEc:wiw:wiwrsa:ersa05p617

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