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来源类型Working Paper
规范类型报告
DOI10.3386/w15368
来源IDWorking Paper 15368
Do Leaders Affect Government Spending Priorities?
Adi Brender; Allan Drazen
发表日期2009-09-17
出版年2009
语种英语
摘要Since a key function of competitive elections is to allow voters to express their policy preferences, one might take it for granted that when leadership changes, policy change follows. Using a dataset we created on the composition of central government expenditures in a panel of 71 democracies over 1972-2003, we test whether changes in leadership induce significant changes in spending composition, as well as looking at the effect of other political and economic variables. We find that the replacement of a leader tends to have no significant effect on expenditure composition in the short-run. This remains true after controlling for a host of political and economic variables. However, over the medium-term leadership changes are associated with larger changes in expenditure composition, mostly in developed countries. We also find that in established democracies, election years are associated with larger changes in expenditure composition while new democracies, which were found by Brender and Drazen (2005) to raise their overall level of expenditures in election years, tend not to have such changes.
主题Microeconomics ; Welfare and Collective Choice
URLhttps://www.nber.org/papers/w15368
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573043
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GB/T 7714
Adi Brender,Allan Drazen. Do Leaders Affect Government Spending Priorities?. 2009.
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