Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy
This article is about the existence of budge policy cycles in the Argentine provinces and the City of Buenos Aires during the period 1983-2004, as well as for the period when FPV was in charge of the government (2003-2014). To do that, the Generalized Method of Moments (GMM) is used, working with dy...
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| Format: | Online |
| Language: | spa |
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Facultad de Ciencias Económicas. Instituto de Economía y Finanzas
2023
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| Online Access: | https://revistas.unc.edu.ar/index.php/acteconomica/article/view/41981 |
| _version_ | 1811172341979283456 |
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| author | Wyss, Federico Ariel |
| author_facet | Wyss, Federico Ariel |
| author_sort | Wyss, Federico Ariel |
| collection | Portal de Revistas |
| description | This article is about the existence of budge policy cycles in the Argentine provinces and the City of Buenos Aires during the period 1983-2004, as well as for the period when FPV was in charge of the government (2003-2014). To do that, the Generalized Method of Moments (GMM) is used, working with dynamic panel data. The results show evidence of the presence of cycles of electoral origin on the total expenditure of the provinces in both periods. In particular, for the 2003-2014 period there is a strong bias towards the current components of spending (consumer spending and current transfers), while the evidence is scarce for the case of capital spending (real direct investment). The cycle is consistently tested for all three items in the full period (1983-2014). |
| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-41981 |
| institution | Universidad Nacional de Cordoba |
| language | spa |
| publishDate | 2023 |
| publisher | Facultad de Ciencias Económicas. Instituto de Economía y Finanzas |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-419812023-08-08T00:43:19Z Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy Las provincias argentinas y el ciclo político-presupuestal: un análisis en 30 años de democracia Wyss, Federico Ariel Fiscal Policy Political Economic Cycle Provinces Política Fiscal Ciclo Político Económico Provincias This article is about the existence of budge policy cycles in the Argentine provinces and the City of Buenos Aires during the period 1983-2004, as well as for the period when FPV was in charge of the government (2003-2014). To do that, the Generalized Method of Moments (GMM) is used, working with dynamic panel data. The results show evidence of the presence of cycles of electoral origin on the total expenditure of the provinces in both periods. In particular, for the 2003-2014 period there is a strong bias towards the current components of spending (consumer spending and current transfers), while the evidence is scarce for the case of capital spending (real direct investment). The cycle is consistently tested for all three items in the full period (1983-2014). En el presente trabajo se indaga respecto de la existencia de ciclos políticos presupuestarios en las provincias argentinas y la Ciudad de Buenos Aires durante el período 1983-2014, así como también para la etapa signada a nivel nacional por el gobierno del FPV (2003-2014). Para ello, se utiliza el método generalizado de momentos (MGM), trabajando con datos dinámicos de panel. Los resultados arrojan evidencia sobre la presencia de ciclos de origen electoral sobre el gasto total de las provincias en ambos períodos. En particular, para la fase 2003-2014 se tiene un fuerte sesgo hacia los componentes corrientes del gasto (gasto en consumo y transferencias corrientes), mientras que la evidencia es escasa para el caso del gasto en capital (inversión real directa). El ciclo se prueba consistentemente para los tres rubros en el período general (1983-2014). Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2023-04-30 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articles Artículos application/pdf https://revistas.unc.edu.ar/index.php/acteconomica/article/view/41981 Actualidad Económica; Vol. 33 No. 109 (2023): Enero / Abril; 35-51 Actualidad Económica; Vol. 33 Núm. 109 (2023): Enero / Abril; 35-51 2250-754X 0327-585X spa https://revistas.unc.edu.ar/index.php/acteconomica/article/view/41981/42116 https://creativecommons.org/licenses/by-nc-nd/4.0 |
| spellingShingle | Fiscal Policy Political Economic Cycle Provinces Política Fiscal Ciclo Político Económico Provincias Wyss, Federico Ariel Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title | Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title_alt | Las provincias argentinas y el ciclo político-presupuestal: un análisis en 30 años de democracia |
| title_full | Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title_fullStr | Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title_full_unstemmed | Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title_short | Argentina's provinces and the political-budgetary cycle: an analysis in 30 years of democracy |
| title_sort | argentina s provinces and the political budgetary cycle an analysis in 30 years of democracy |
| topic | Fiscal Policy Political Economic Cycle Provinces Política Fiscal Ciclo Político Económico Provincias |
| topic_facet | Fiscal Policy Political Economic Cycle Provinces Política Fiscal Ciclo Político Económico Provincias |
| url | https://revistas.unc.edu.ar/index.php/acteconomica/article/view/41981 |
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