Electoral cycles and public spending during the pandemic

IF 2 4区经济学 Q2 DEVELOPMENT STUDIES

Review of Development Economics Pub Date : 2024-02-20 DOI:10.1111/rode.13094

Michael Lokshin, Aylén Rodriguez‐Ferrari, Iván Torre

引用次数: 0

Abstract

This paper uses a newly assembled dataset on various types of social protection spending in 154 countries during the COVID‐19 pandemic in 2020 and 2021 to analyze the effect of the electoral cycle on the size and composition of the social protection stimulus budget. The analysis shows that the longer the time since the last election in a country—and thus the sooner the next election date—the larger the share of the social protection pandemic budget allocated to social assistance and income protection, and the lower the share allocated to job retention schemes. The electoral cycle appears to have impacted the size of social assistance spending only in countries with high political competition.

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大流行病期间的选举周期和公共开支

本文利用新收集的 2020 年和 2021 年 COVID-19 大流行期间 154 个国家各类社会保护支出的数据集，分析了选举周期对社会保护刺激预算的规模和构成的影响。分析表明，一个国家距离上次选举的时间越长，因此下次选举日期越早，分配给社会援助和收入保护的社会保护大流行预算份额就越大，而分配给保留工作计划的份额就越低。选举周期似乎只对政治竞争激烈的国家的社会援助支出规模产生影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Review of Development Economics Multiple-

CiteScore

3.20

自引率

6.20%

发文量

109

期刊介绍： The Review of Development Economics is a leading journal publishing high-quality research in development economics. It publishes rigorous analytical papers, theoretical and empirical, which deal with contemporary growth problems of developing countries, including the transition economies. The Review not only serves as a link between theorists and practitioners, but also builds a bridge between development economists and their colleagues in related fields. While the level of the Review of Development Economics is academic, the materials presented are of value to policy makers and researchers, especially those in developing countries.