Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections

The objective of this research is to explore the existence of budgetary political cycles at municipal level in Chile. As stated in the literature, the existence of budgetary policy cycle encourages / motivates a politician in exercise to modify the structure of expenditure with the objective of obta...

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Main Authors: Guzmán Cofré, Cristian, Luengo Fernández, Fabián, Rojas Espinoza, Paula
Format: Online
Language:spa
Published: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2018
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/19141
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author Guzmán Cofré, Cristian
Luengo Fernández, Fabián
Rojas Espinoza, Paula
author_facet Guzmán Cofré, Cristian
Luengo Fernández, Fabián
Rojas Espinoza, Paula
author_sort Guzmán Cofré, Cristian
collection Portal de Revistas
description The objective of this research is to explore the existence of budgetary political cycles at municipal level in Chile. As stated in the literature, the existence of budgetary policy cycle encourages / motivates a politician in exercise to modify the structure of expenditure with the objective of obtaining re-election in office. In the case of the elections of mayor of Chile in 2012, we made a cross-section estimation and the results show a positive relationship of the municipal spending of the 2 years prior to the election over the vote received by an incumbent. In addition, the previous vote of the incumbent and the membership of a political coalition affect the percentage of votes received.
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spelling oai:ojs.revistas.unc.edu.ar:article-191412021-03-11T15:50:14Z Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections Ciclo Político Presupuestario en Chile: Un estudio exploratorio para las elecciones de alcalde 2012 Guzmán Cofré, Cristian Luengo Fernández, Fabián Rojas Espinoza, Paula Budgetary policy cycle Political Economy Municipal Elections H3 H7 Ciclo Político Presupuestario Economía Política Elecciones Municipales H3 H7 The objective of this research is to explore the existence of budgetary political cycles at municipal level in Chile. As stated in the literature, the existence of budgetary policy cycle encourages / motivates a politician in exercise to modify the structure of expenditure with the objective of obtaining re-election in office. In the case of the elections of mayor of Chile in 2012, we made a cross-section estimation and the results show a positive relationship of the municipal spending of the 2 years prior to the election over the vote received by an incumbent. In addition, the previous vote of the incumbent and the membership of a political coalition affect the percentage of votes received. La presente investigación tiene como objetivo explorar la existencia de ciclos políticos presupuestarios a escala municipal en Chile. Tal como se ha planteado en la literatura, la existencia de ciclo político presupuestario incentiva/motiva a un político en ejercicio a modificar la estructura de gasto con el objetivo de obtener la reelección en el cargo. Para el caso de las elecciones de alcalde de Chile del año 2012, realizamos una estimación cross-section y los resultados evidencian una relación positivo del gasto municipal de los 2 años previo a la elección sobre con la votación que recibe un incumbente. Además, la votación previa del incumbente y la pertenencia a una coalición política inciden en el porcentaje de votos recibidos. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2018-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articles Artículos application/pdf https://revistas.unc.edu.ar/index.php/acteconomica/article/view/19141 Actualidad Económica; Vol. 27 No. 93 (2017): September-December; 15-24 Actualidad Económica; Vol. 27 Núm. 93 (2017): Septiembre - Diciembre; 15-24 2250-754X 0327-585X spa https://revistas.unc.edu.ar/index.php/acteconomica/article/view/19141/19080
spellingShingle Budgetary policy cycle
Political Economy
Municipal Elections
H3
H7
Ciclo Político Presupuestario
Economía Política
Elecciones Municipales
H3
H7
Guzmán Cofré, Cristian
Luengo Fernández, Fabián
Rojas Espinoza, Paula
Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title_alt Ciclo Político Presupuestario en Chile: Un estudio exploratorio para las elecciones de alcalde 2012
title_full Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title_fullStr Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title_full_unstemmed Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title_short Budgetary policy cycle in Chile: An exploratory study for the 2012 mayor elections
title_sort budgetary policy cycle in chile an exploratory study for the 2012 mayor elections
topic Budgetary policy cycle
Political Economy
Municipal Elections
H3
H7
Ciclo Político Presupuestario
Economía Política
Elecciones Municipales
H3
H7
topic_facet Budgetary policy cycle
Political Economy
Municipal Elections
H3
H7
Ciclo Político Presupuestario
Economía Política
Elecciones Municipales
H3
H7
url https://revistas.unc.edu.ar/index.php/acteconomica/article/view/19141
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