应对COVID-19的民主和财政政策

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-09-28 DOI:10.1007/s11127-023-01107-3

Sezer Yasar, Ceyhun Elgin

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引用次数: 0

摘要

在本文中，我们研究了民主水平与应对COVID-19大流行引发的经济危机的财政政策之间的关系。我们使用了一个新的具有时间变化的财政政策反应的跨国面板数据集。我们的研究结果表明，更民主的国家采用了更大的财政政策一揽子计划(以GDP的百分比计算)，而更民主和更不民主的国家之间关于一揽子计划规模的差距随着时间的推移而扩大。我们对财政政策组成部分的分析表明，民主国家尤其能提供惠及广大公众的更大一揽子计划。此外，我们的系统方程估计表明，民主水平与财政政策反应的关系是通过民主与以议会制度为代表的包容性制度和腐败的关系建立起来的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

Democracy and fiscal-policy response to COVID-19

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Democracy and fiscal-policy response to COVID-19

Abstract In this paper, we investigate the relationship between the level of democracy and fiscal-policy response to the economic crisis induced by the COVID-19 pandemic. We use a novel cross-country panel dataset of fiscal-policy responses with time variation. Our results suggest that more democratic countries adopted substantially larger fiscal-policy packages (in % GDP), and the gap regarding the size of packages between more democratic and less democratic countries widened over time. Our analysis of the components of fiscal policy shows that democracies, in particular, provide larger packages that benefit the broad public. Furthermore, our system-equations estimations suggest that the relation of democracy level with the fiscal-policy response is established through democracy’s relation with inclusive institutions, represented by the parliamentary system, and corruption.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.