Opportunistic and partisan election cycles in Brazil: new evidence at the municipal level
This article tests the hypothesis of opportunistic and partisan cycle models using a new large data set of Brazilian municipalities over the 1989–2005 period. The results show an increase in total and current expenditures and a decrease in municipal investments, local tax revenues, and budget surplu...
| Autores: | , |
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| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2011 |
| País: | Brasil |
| Recursos: | Instituição de Ensino Superior e de Pesquisa (INSPER) |
| Repositorio: | Repositório Institucional da INSPER |
| Idioma: | inglés |
| OAI Identifier: | oai:repositorio.insper.edu.br:11224/4550 |
| Acesso em linha: | https://repositorio.insper.edu.br/handle/11224/4550 |
| Access Level: | acceso abierto |
| Palavra-chave: | Political cycles Brazilian municipalities Panel data |
| Resumo: | This article tests the hypothesis of opportunistic and partisan cycle models using a new large data set of Brazilian municipalities over the 1989–2005 period. The results show an increase in total and current expenditures and a decrease in municipal investments, local tax revenues, and budget surplus in election years. They also show that partisan ideology exerts a relative influence on the performance of the local public accounts. These results confirm that both opportunistic and partisan cycles have occurred in the management of the budgets of Brazilian municipalities after the end of the military government. |
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