Autor según el artículo: Theilen, Bernd ; Herwartz, Helmut

Departamento: Economia

Autor/es de la URV: Theilen, Bernd Georg; Herwartz, Helmut

Palabras clave: Ciclos electorales Gasto público Electoral cycles Government ideology Public expenditure Redistribution Cicles electorals Despesa pública Redistribución

Resumen: 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.

Grupo de investigación: CREIP - Centre de Recerca en Economia Industrial i Economia Pública

Áreas temáticas: Economia i empresa Economics and business

Direcció de correo del autor: bernd.theilen@urv.es

ISSN: 0176-2680

Identificador del autor: 0000-0001-7141-2780

Fecha de alta del registro: 2017-01-18

Página final: 90

Volumen de revista: 46

Versión del articulo depositado: info:eu-repo/semantics/submittedVersion

Enlace a la fuente original: https://www.sciencedirect.com/journal/european-journal-of-political-economy

DOI del artículo: 10.1016/j.ejpoleco.2016.11.002

Entidad: Universitat Rovira i Virgili

Año de publicación de la revista: 2017

Página inicial: 74

Tipo de publicación: Article Artículo Article