On the Political Economy of Public Service
Bruno Frey
Chapter 18 in The Economics of Public Services, 1977, pp 415-434 from Palgrave Macmillan
Abstract:
Abstract A positive study of the intertemporal variation of public services and investment is undertaken, with special emphasis on the electoral period. The government is assumed to undertake public investments in order to maximise its utility over the current election period, subject to the constraint that such policy assures re-election. Government utility depends on various elements, to which the various parties assign different weights according to their ideology. Alternatively, it is assumed that governments want to maximise the time period during which they are in power. A major influence on public expenditures is exerted by bureaucracy, which is assumed to act incrementally and tends to maximise budgets.
Keywords: Political Economy; Public Service; Public Expenditure; Private Consumption; Vote Share (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-02917-4_18
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DOI: 10.1007/978-1-349-02917-4_18
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