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Cuberes, David and Mountford, Andrew (2012) Fiscal policy institutions and history. Economics Letters, 115 (3). pp. 392-395. ISSN 0165-1765
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Abstract
This paper shows that historical variables can explain a significant part of discretionary government spending across countries. We argue that these results provide evidence in favor of Besley and Persson’s (2009) hypothesis that institutional quality or state capacity is historically determined and further that institutional quality determines, in part, economic policy.
| Item Type: | Article |
|---|---|
| Keywords: | Fiscal policy; Discretion; Institutions; State capacity; |
| Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: | 19609 |
| Identification Number: | 10.1016/j.econlet.2011.12.062 |
| Depositing User: | David Cuberes |
| Date Deposited: | 26 Mar 2025 15:50 |
| Journal or Publication Title: | Economics Letters |
| Publisher: | Elsevier |
| Refereed: | Yes |
| Related URLs: | |
| URI: | https://mural.maynoothuniversity.ie/id/eprint/19609 |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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