Economics and politics in the United States: A state-level investigation

Chun Ping Chang, Yoonbai Kim, Yung hsiang Ying

研究成果: 雜誌貢獻文章

7 引文 斯高帕斯(Scopus)

摘要

We examine state income and government spending data to investigate the role of political parties and elections in state business cycles of the United States, and find strong support for the partisan political business cycles, both traditional and rational versions. The growth rate of per capita real income and government spending tend to be higher (lower) with a Democratic (Republican) governor as well as a Democratic (Republican) president. In case of economic growth, we find some evidence for opportunistic cycles induced by national level politics; meanwhile, both national and state governments seem to generate expansionary policy in election years.

原文英語
頁(從 - 到)343-354
頁數12
期刊Journal of Economic Policy Reform
12
發行號4
DOIs
出版狀態已發佈 - 2009 十二月 25

    指紋

ASJC Scopus subject areas

  • Business and International Management
  • Economics, Econometrics and Finance(all)

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