Political Cycles in Public Expenditure: Butter vs Guns
Vincenzo Bove and
Georgios Efthyvoulou ()
No 7/2013, NEPS Working Papers from Network of European Peace Scientists
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.
Keywords: elections; partisanship; social expenditure; military expenditure (search for similar items in EconPapers)
JEL-codes: C33 D72 H53 H56 P16 (search for similar items in EconPapers)
Pages: 25 pages
New Economics Papers: this item is included in nep-cdm, nep-pbe and nep-pol
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Journal Article: Political cycles in public expenditure: butter vs guns (2017)
Working Paper: Political Cycles in Public Expenditure: Butter vs Guns (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:nepswp:2013_007
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