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Nepalese Budgetary Dynamics: Following Incrementalism or Punctuated Equilibrium?

Hari Prasad Guragain () and Seunghoo Lim ()
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Hari Prasad Guragain: International University of Japan
Seunghoo Lim: International University of Japan

Public Organization Review, 2019, vol. 19, issue 4, 493-518

Abstract: Abstract Government budget appropriation patterns are mainly explained by theories of incrementalism and punctuated equilibrium. Consistent with these theories, this study empirically analysed Nepalese budgetary time series data from 1990 to 2017 and concluded that the budget appropriation pattern is characterized by several fluctuations and policy changes that are not limited to incremental changes. In addition to considering hypotheses regarding incremental change and punctuated equilibrium, three additional hypotheses based on budget adjustment assumptions are derived and evaluated: parallel, sequential, and complementary punctuation. Extending such assumptions to explain the budgetary process contributes to introducing budget punctuation typologies that enrich punctuated equilibrium theory.

Keywords: Types of budget punctuations; Incrementalism; Nepalese budgetary dynamics; Political instability (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1007/s11115-018-0418-6

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Handle: RePEc:kap:porgrv:v:19:y:2019:i:4:d:10.1007_s11115-018-0418-6