Electoral Andpartisancycles Ineconomicpolicies Andoutcomes
Bibliographic Data
| ID | 6233087 |
|---|---|
| Authors | Robert J Franzese (0000-0002-6614-4213, University of Michigan, corresponding author) |
| Year | 2002 |
| Volume | 5 |
| Issue | 1 |
| Pages | 369-421 |
| Publication date | 2002-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Annual Review of Political Science (BOOK_SERIES) |
| Journal identifiers | ISSN: 1094-2939 • E-ISSN: 1545-1577 |
| Publisher | Annual Reviews (PUBLISHER • US) |
| DOI | 10.1146/annurev.polisci.5.112801.080924 |
| OpenAlex | W2114577549 |
| Language | EN |
| Citations received | 173 |
| References cited | 197 |
Policy makers in democracies have strong partisan and electoral incentives regarding the amount, nature, and timing of economic-policy activity. Given these incentives, many observers expected government control of effective economic policies to induce clear economic-outcome cycles that track the electoral calendar in timing and incumbent partisanship in character. Empirics, however, typically revealed stronger evidence of partisan than of electoral shifts in real economic performance and stronger and more persistent electoral and partisan shifts in certain fiscal, monetary, and other policies than in real outcomes. Later political-economic general-equilibrium approaches incorporated rational expectations into citizens' and policy makers' economic and political behavior to explain much of this empirical pattern, yet critical anomalies and insufficiencies remain. Moreover, until recently, both rational- and adaptive-expectations electoral-and-partisan-cycle work underemphasized crucial variation in the contexts—international and domestic, political and economic, institutional, structural, and strategic—in which elected partisan incumbents make policy. This contextual variation conditions policy-maker incentives and abilities to manipulate economic policy for electoral and partisan gain, as well as the effectiveness of such manipulation, differently across democracies, elections, and policies. Although relatively new, research into such context-conditional electoral and partisan cycles seems to offer much promise for resolving anomalies and an ideal substantive venue for theoretical and empirical advancement in the study of political economy and comparative democratic politics more generally
Context (archaeology · Democracy · Economics · Government (linguistics · Incentive · Microeconomics · Political economy · Political science · Politics · Public economics · Electoral Systems and Political Participation · Fiscal Policies and Political Economy · Social Policy and Reform Studies
Political Competition, Partisanship, and Policy Making in Latin American Public Utilities
Corporate Governance, Competition, and Political Parties
Political‐Economic Cycles
The Economic Vote
Opportunistic Political Cycles
Independent Actor or Agent? An Empirical Analysis of the Impact of U.S. Interests on International Monetary Fund Conditions
Taxing Work
Politischer Opportunismus und Haushaltsdefizite in den westdeutschen Bundesländern
Parteien
Trends in political discourse and defence spending before the commitment to defence reinvestment
Centre party, district magnitude, and wage inequality in service economy
Welfare regimes in Asia
Defending election victory by attacking company revenues
Political monetary cycles
Democratic institutions and regulatory privileges for government debt
The accountability gap
An analysis of political uncertainty and corporate investment cycles in Pakistan
Elections and policies
Election or Disaster Support
The Electoral Dynamics of Human Development
Democratization and the State
Why Electoral Integrity Matters
Crime, Punishment, and Politics
Governing in fragmented party systems
“I’ll Be Back…”
Political budget cycle – does participation in IMF programs matter
Electoral cycles in female sterilization
Quién está preocupado por López Obrador? Las respuestas del mercado a las tendencias electorales durante la campaña presidencial mexicana del 2006
Magnificent political budget cycle? How elections of higher education institutions’ authorities in Poland shaped their expenditures in 1999–2024
Conditional political budget cycles
Farm Animal Welfare Policy in Comparative Perspective
Coordination in a Crisis
Political legislation cycle in the Czech Republic
Support for Policies on Entrepreneurship and Self‐Employment among Parties and Coalition Governments
State Adoption of Tax Policy
Policy Characteristics, Electoral Cycles, and the Partisan Politics of Climate Change
Taking Stock
The Timing of Public Spending in Japan and the US
How culture influences the strengthening of market principles in conservative welfare states
How Electoral Cycles Shape the Implementation of Public Works Programs
The political side of public utilities
China’s Exchange Rate Policy Making
US Federal research & development funding
Domestic politics and the diffusion of international policy innovations
The political economy of passing climate change legislation
The impact of tax rates, political partisanship and economic variables on the distribution of state and local tax burdens
Control, Accountability, and Constraints
Impact of community development initiatives and access to community markets on household food security and nutrition in Ghana
Political competition and public healthcare
Does government ideology shake or shape the public finances? Empirical evidence of disaster assistance
Getting institutions right
Political Investment Cycles in Democracies and Autocracies
Finding political capital for monetary tightening
Auction politics
Local political business cycles
Election cycles in natural resource rents
The impact of trade unions and government party orientation on income inequality
Political parties’ ideological bias and convergence in economic outcomes
Strategic public policy around population thresholds
Playing politics with traffic fines
Do elections affect the composition of fiscal policy in developed, established democracies
Seeing the forest through the trees
Letting the good times roll
Aid for incumbents
Political budget cycles in the European Union and the impact of political pressures
Do fiscal rules constrain political budget cycles
Political cycles and economic performance in OECD countries
Do fiscal rules dampen the political business cycle
Can fiscal transparency mitigate political budget cycles
Elections, recession expectations and excessive debt
The political business cycle of tax reforms
Political business cycles 40 years after Nordhaus
On the political economy of national tax revenue forecasts
Public expenditures in Canadian provinces
Fighting with one hand tied behind the back
Violent Crime and Capital Market Punishment
Electoral Confidence and Political Budget Cycles in Non-OECD Countries
The Effect of Political Parties on the Distribution of Income in the American States
B arack O bama's “Fight” to End Poverty
Conditional Political Budget Cycle in the OECD Countries
Subsidizing power
Corporatization and political ideology
Partisan-Electoral Cycles in Public Employment
Les déterminants des recettes fiscales des gouvernements provinciaux canadiens
Incorporated in Westminster
Globalizing Electoral Politics
Political Trust as the Evaluation of Process and Performance
The Domestic Politics of International Cooperation
Monetary Policy Autonomy in European Non-Euro Countries, 1980–2005
Are there Political Budget Cycles in the Euro Area
Intra-governmental bargaining and political budget cycles in the European Union
Institutional constraints, legislative activism and policy change
Constitutional Power and Competing Risks
Action publique et partis politiques
Congressional Approval and Responsible Party Government
Electoral Institutions and Electoral Cycles in Investment Incentives
Permanent budget surpluses as a fiscal regime
Electoral Reform and Public Policy Outcomes in Thailand
Time tactics in public administration
Public Budgeting in the French Fifth Republic
Mental illness and the economy
Macroeconomic Policies of Developed Democracies
Political Economy in Macroeconomics
Economic Politics
Making and Breaking Governments
Making Votes Count
Political Survival
Partisan Politics, Divided Government, and the Economy
Political Cycles and the Macroeconomy
Do Parties Make a Difference?
Political and Monetary Institutions and Public Financial Policies in the Industrial Countries
Macroeconomic Policy and Elections in Oecd Democracies
The Political Economy of Budget Deficits
Electoral business cycle in industrial democracies
Government Spending and Budget Deficits in the Industrial Countries
Why a Stubborn Conservative would Run a Deficit
The effect of fiscal performance on local government election results in Israel
The size and scope of government
Elections and Macroeconomic Policy Cycles
Political Cycles in OECD Economies
Fragmented fiscal policy
Fiscal Expansions and Adjustments in OECD Countries
The Political Business Cycle after 25 Years
Macroeconomic Policy in a Two-Party System as a Repeated Game
A Positive Theory of Fiscal Deficits and Government Debt
Partisan theory after fifteen years
The Political Business Cycle
An economic theory of democracy
Veto Players
The Rise and Decline of Nations
The Political Business Cycle
Business cycles
Contemporary Democracies
Partisan Politics in the Global Economy
Political Parties and the Business Cycle in the United States, 1948-1984
Political Parties, Growth and Equality
Left–right party ideology and government policies
Comment on ‘The Politics of the Political Business Cycle’
The Political Economy of Industrial Democracies
The Logic of Collective Action
The American Political Economy
Political Business Cycles with Endogenous Election Timing
The Effect of Economic Events on Votes for President
The Effect of Economic Events on Votes for President
An Integrated Test for Electoral Cycles in the U.S. Economy
An Empirical Study of Politico-Economic Interaction in the United States
The Political Economy of New Deal Spending
An Empirical Study of Politico-Economic Interaction in the United States
An Empirical Study of Politico-Economic Interaction in the United States
Political Control of the Economy
When parties matter
Political cycles in a developing economy
Does Africa grow differently
Political cycles and the macroeconomy
Does there exist a political business cycle
An essay on the rationality of economic policy
Partisan politics and public finance
Fiscal Policy Cycles and Public Expenditure in Developing Countries
Endogenous elections, electoral budget cycles and Canadian provincial governments
Searching for political business cycles in Germany
Contemporary Democracies
Political Aspects of Full Employment 1
A Political Model of the Business Cycle
Comparative Politics and Public Finance
Towards a "Satisficing" Theory of Economic Policy
A Politico-Economic Model of the United Kingdom
Some Problems in Formulating and Testing a Politico-Economic Model of the United Kingdom
The politics of legal integration in the European Union
Fiscal Policy and the Democratic Process in the European Union
The Effect of Aggregate Economic Variables on Congressional Elections
The Effect of Political Democracy and Social Democracy on Equality in Industrial Societies
Voter Response to Short-Run Economic Conditions
Short-Term Fluctuations in U.S. Voting Behavior, 1896–1964
Partisan Governments, the International Economy, and Macroeconomic Policies in Advanced Nations, 1960–93
Images of the ‘Floating Voter
The Influence of the Political Right on Public Income Maintenance Expenditure and Equality
The effect of economic events on votes for president
Multiple Hands on the Wheel
Governmental Redistribution in Rich Capitalist Democracies
Capitalism, Not Globalism
The Political Economy of Speculative Attacks in the Developing World
The Politics of Speculative Attacks in Industrial Democracies
Capital mobility, trade, and the domestic politics of economic policy
Rulers of the game
Political Parties and Monetary Commitments
Democratic Institutions and Exchange-rate Commitments
International and Domestic Constraints on Political Business Cycles in OECD Economies
Veto Players and the Choice of Monetary Institutions
Cutting Public Expenditures in Advanced Industrial Democracies
Political Business Cycles in EU Accession Countries
Does Politics Matter
Explaining public education expenditure in OECD nations
Left–right party ideology and government policies
Social expenditure and the Political Right
How does Politics Matter
Partisanship in the setting and coordination of fiscal and monetary policies
Political‐economic aspects of public employment
Central Banks, Partisan Politics, and Macroeconomic Outcomes
On the Political Economy of Welfare Expansion
The Political Economy of Deficit Spending in Nine Industrialized Parliamentary Democracies
| Unique citing works | 173 |
|---|---|
| Citations per year | 7,52 |
| Citation span | 2003 - 2026 (24) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 173 |