2002
DOI: 10.1016/s0304-3878(01)00184-5
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Political business cycles, democratization, and economic reform: the case of Africa

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Cited by 219 publications
(161 citation statements)
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“…For instance, Grier (2008) reports that the timing of elections exerts a significant influence on quarterly real GDP growth in the US, while Tujula and Wolswijk (2007) find support for a PBC in their sample of OECD countries for the period -2002. Mink and De Haan (2006 provide similar evidence for European Union (EU) member states after the start of the monetary union.…”
Section: Previous Studiesmentioning
confidence: 99%
“…For instance, Grier (2008) reports that the timing of elections exerts a significant influence on quarterly real GDP growth in the US, while Tujula and Wolswijk (2007) find support for a PBC in their sample of OECD countries for the period -2002. Mink and De Haan (2006 provide similar evidence for European Union (EU) member states after the start of the monetary union.…”
Section: Previous Studiesmentioning
confidence: 99%
“…Many African countries are currently undergoing a long process of economic reform (Block 2002). Ethiopia, one of many African countries, introduced the liberal market economy almost three decades ago.…”
Section: Introductionmentioning
confidence: 99%
“…is a question of budget allocation, which we do not analyze in this paper. 6 The alternative partisan model of PBCs (Alberto Alesina, 1987;Hibbs, 1977) assumes relatively cohesive political parties with clearly delineated ideologies and is therefore unsuited for studies of PBCs in non-OECD countries (Block, 2002;Vergne, 2009). 7 Persson and Tabellini (2003) argue that in parliamentary systems incumbents control both the executive and the legislature, making it easier to push through budgets and public accounts.…”
Section: Resultsmentioning
confidence: 99%