کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5094332 1478490 2016 7 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Local political business cycles: Evidence from Philippine municipalities*
ترجمه فارسی عنوان
چرخه های تجاری سیاسی محلی: شواهد از شهرداری های فیلیپین *
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

This paper establishes the existence of short-term political business cycles in the Philippines over the period 2003-2009. Examining a balanced panel of 1143 municipalities shows that employment levels increase in the two pre-electoral quarters and drop sharply in the two quarters following elections. Further results are consistent with the cycles being generated by incumbents' attempts to increase their chances of re-election. Cycles are stronger in sectors that incumbents are more able to influence, and when they expect stronger electoral competition. Evidence suggests that these cycles are detrimental to development.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Development Economics - Volume 121, July 2016, Pages 56-62
نویسندگان
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