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Political pressure and procyclical expenditure: An analysis of the expenditures of state governments in Mexico (2014)
Journal Article
Abbott, A., Cabral, R., Jones, P., & Palacios, R. (2015). Political pressure and procyclical expenditure: An analysis of the expenditures of state governments in Mexico. Europäische Zeitschrift für politische Ökonomie = European journal of political economy, 37, 195-206. https://doi.org/10.1016/j.ejpoleco.2014.12.001

© 2014 Elsevier B.V. Government expenditures are procyclical if they increase in periods of economic growth and decrease in periods of economic downturn. This paper tests the proposition that (within federations) political pressures for public expend... Read More