Author, as appears in the article.: Theilen, Bernd ; Herwartz, Helmut
Department: Economia
URV's Author/s: Theilen, Bernd Georg; Herwartz, Helmut
Keywords: Ciclos electorales Gasto público Electoral cycles Government ideology Public expenditure Redistribution Cicles electorals Despesa pública Redistribución
Abstract: For a panel of OECD economies (1980–2013) we analyse the scope of government ideology to shape patterns of public expenditures. To address if public expenditures are used to channel redistributive outcomes, we adopt a flexible panel error correction model and proceed in two steps: Firstly, we analyse if ideological positions matter for the sizing of the public sector. Secondly, we address the actual impact of government ideology on two disjoint categories of public expenditure that are characterized by distinguished redistributive effects. Under both, left-wing and right-wing governments, public spending shows progressively redistributive effects which are indirectly channelled through their policy response to changing macroeconomic, fiscal and demographic fundamentals. While right-wing governments act progressively redistributive under favourable socio-economic conditions, their left-wing counterparts do so under unfavourable conditions. Comparing the two effects in terms of their explanatory content, we find that the latter is stronger than the former.
Research group: CREIP - Centre de Recerca en Economia Industrial i Economia Pública
Thematic Areas: Economia i empresa Economics and business
Author's mail: bernd.theilen@urv.es
ISSN: 0176-2680
Author identifier: 0000-0001-7141-2780
Record's date: 2017-01-18
Last page: 90
Journal volume: 46
Papper version: info:eu-repo/semantics/submittedVersion
Link to the original source: https://www.sciencedirect.com/journal/european-journal-of-political-economy
Licence document URL: https://repositori.urv.cat/ca/proteccio-de-dades/
Article's DOI: 10.1016/j.ejpoleco.2016.11.002
Entity: Universitat Rovira i Virgili
Journal publication year: 2017
First page: 74
Publication Type: Article Artículo Article
Repositori URV