Does the Left Spend More?
Georgios Magkonis,
Vassilis Logothetis and
Kalliopi-Maria Zekente
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Kalliopi-Maria Zekente: Alpha Bank
No 2019-03, Working Papers in Economics & Finance from University of Portsmouth, Portsmouth Business School, Economics and Finance Subject Group
Abstract:
This study provides a quantitative review of the empirical literature on partisan politics. Given the voluminous work on this subject, we focus on the relationship between government ideology and public spending. By exploiting a dataset of 800 estimates from papers published between 1992 and 2018, we conduct a meta-analysis. Taking into account the differences in the various categories of spending, proxies of ideologies, estimations methods, as well as, data and publication characteristics, we conclude that more left-wing governments do spend more, although the effect tends to weaken over time.
Keywords: Partisan politics; government ideology; meta-analysis (search for similar items in EconPapers)
JEL-codes: D72 H00 P16 (search for similar items in EconPapers)
Pages: 34
Date: 2019-01-09
New Economics Papers: this item is included in nep-pol
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pbs:ecofin:2019-03
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