Political alternation and the fiscal deficits
This paper proposes the Index of Political Alternation as a long-run measure of political competition. It expands the empirical literature on political determinants of fiscal performance and presents evidence for Argentina that amplifications of governments' planning horizon enhance fiscal performance.
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- Baqir, Reza & Easterly, William & Alesina, Alberto, 1999.
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- Jones, Mark P. & Sanguinetti, Pablo & Tommasi, Mariano, 2000. "Politics, institutions, and fiscal performance in a federal system: an analysis of the Argentine provinces," Journal of Development Economics, Elsevier, vol. 61(2), pages 305-333, April.
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- Richard Wagner, 1976. "Revenue structure, fiscal illusion, and budgetary choice," Public Choice, Springer, vol. 25(1), pages 45-61, March.
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