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Cycles in a cycle

Investment Expenditures and Their Composition During the Political Budgetary Cycle

Bibliographic Data

ID6301941
AuthorsŁukasz Wiktor Olejnik (0000-0002-4250-961X, SGH Warsaw School of Economics, corresponding author)
Year2022
Volume48
Issue3
Pages640-671
Publication date2022-05-04
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueLocal Government Studies (JOURNAL)
Journal identifiersISSN: 0300-3930 • E-ISSN: 1743-9388
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/03003930.2020.1851207
OpenAlexW3121274418
LanguageEN
Citations received1
References cited57

Previous studies on the Political Budgetary Cycle have used fiscal variables on high levels of aggregation, including, among others, investment expenditure aggregates or capital expenditure aggregates. This article demonstrates the existence of a Political Budgetary Cycle in investment expenditures among Polish local governments, and analyses the composition of investment expenditures during the cycle. Due to the varying visibility of investment expenditures, their composition is also subject to fluctuations. Before elections, there is an increase in investments in culture, tourism and transport infrastructure, and a drop in investments in public safety, education, environmental protection, sports and counteracting social exclusion

Business cycle · Capital expenditure · Composition (language · Economics · Investment (military · Macroeconomics · Monetary economics · Political science · Politics · Public economics · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance

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Unique citing works1
Citations per year1
Citation span2026 - 2026 (1)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 1

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