UNIGE document Scientific Article
previous document  unige:38837  next document
add to browser collection
Title

The Political Economy of Budget Deficits in the European Union: The Role of International Constraints and Domestic Structure

Authors
Freitag, Markus
Published in European Union Politics. 2001, vol. 2, no. 2, p. 163-189
Abstract This article tries to evaluate the impact of domestic and international factors on both deficits and deficit reduction in the European Union. Based on data covering 14 countries and 20 fiscal years (1978-97) we test the major hypotheses in the political economy literature. Beyond the investigation of the causes of cross-sectional variations in budget outcomes, we are also interested in changing patterns of influences over time, resulting from so-called `structural breaks'. On the one hand, our pooled time-series analyses show that very few political and institutional factors influenced the budget outcomes of the EU member states during this period. On the other hand, our estimation results provide suggestive support for our assumption that `Maastricht' amounted to a decisive structural break.
Keywords Budget deficitComparative political economyEmuMaastricht
Full text
Article (Published version) (2.7 MB) - document accessible for UNIGE members only Limited access to UNIGE
Structures
Citation
(ISO format)
FREITAG, Markus, SCIARINI, Pascal. The Political Economy of Budget Deficits in the European Union: The Role of International Constraints and Domestic Structure. In: European Union Politics, 2001, vol. 2, n° 2, p. 163-189. https://archive-ouverte.unige.ch/unige:38837

201 hits

0 download

Update

Deposited on : 2014-07-22

Export document
Format :
Citation style :