Bove, Vincenzo, Efthyvoulou, Georgios and Navas, Antonio (2017) Political cycles in public expenditure : butter vs guns. Journal of Comparative Economics, 45 (3). pp. 582-604. doi:10.1016/j.jce.2016.03.004

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Abstract

This paper investigates how the timing of elections and government ideological motivations influence the dynamics of social and military expenditure in a panel of 22 OECD countries over the period 1988-2008. Three basic results emerge: First, governments tend to bias outlays towards social expenditure and away from military expenditure at election times. Second, membership in the NATO alliance affects the timing of election-driven military spending manipulations. Third, partisan distinctions are clearly discernible but differ between the two types of expenditure: while certain categories of social expenditure are higher during left administrations, military expenditure are higher during right administrations.

Item Type:	Journal Article
Subjects:	H Social Sciences > HJ Public Finance J Political Science > JF Political institutions (General)
Divisions:	Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH):	Military spending, Public investments, Business and politics
Journal or Publication Title:	Journal of Comparative Economics
Publisher:	Elsevier
ISSN:	0147-5967
Official Date:	August 2017
Dates:	Date Event August 2017 Published 1 April 2016 Available 28 March 2016 Accepted 23 December 2015 Submitted
Date of first compliant deposit:	4 April 2016
Volume:	45
Number:	3
Number of Pages:	38
Page Range:	pp. 582-604
DOI:	10.1016/j.jce.2016.03.004
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Open Access

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