An analysis of COFOG expenditures in former Yugoslavian countries

Q3 Economics, Econometrics and Finance

Public Sector Economics Pub Date : 2023-06-12 DOI:10.3326/pse.47.2.4

Marko Crnogorac, Santiago Lago‐Peñas

引用次数: 0

Abstract

In this paper, we carry out an in-depth analysis of public expenditure in all former Yugoslavian countries. Our purpose is threefold: first, to verify the existence of common patterns of spending; second, to investigate the cyclicality hypothesis of fiscal policy in non-OECD countries; and third, to analyse both political and economic determinants of expenditure composition. Our results show a weak convergence in structures, the countercyclical behaviour of public expenditures, and the influence of electoral cycles, business cycles, and the degree of nationalization of party systems on the composition of public expenditure.

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前南斯拉夫国家COFOG支出分析

在本文中，我们对所有前南斯拉夫国家的公共支出进行了深入分析。我们的目的有三个:首先，验证共同支出模式的存在;第二，研究非经合组织国家财政政策的周期性假说;第三，分析支出构成的政治和经济决定因素。我们的研究结果显示，在结构、公共支出的反周期行为以及选举周期、商业周期和政党制度国有化程度对公共支出构成的影响方面，存在弱趋同。

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

Public Sector Economics Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

1.10

自引率

0.00%

发文量

审稿时长

15 weeks

期刊介绍： Public Sector Economics is double blind peer-reviewed scientific journal published by the Institute of Public Finance, which seeks theoretical, empirical and policy-oriented contributions analysing the role and functioning of the public sector at macroeconomic, sectoral and microeconomic levels, in both advanced and emerging market economies. We also aim to provide a professional forum for the discussion of contemporary public policy issues and actively seek survey articles, appraisals of current policy debates, shorter notes and book reviews.