Political Budget Cycles with Informed Voters
Evidence from Italy
Bibliographic Data
| ID | 9703454 |
|---|---|
| Authors | Luca Repetto (0000-0002-7901-4549, Uppsala University, corresponding author) |
| Year | 2018 |
| Volume | 128 |
| Issue | 616 |
| Pages | 3320-3353 |
| Publication date | 2018-12-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12570 |
| OpenAlex | W2406501080 |
| Language | EN |
| Citations received | 27 |
| References cited | 27 |
I exploit a reform that required Italian municipalities to disclose their balance sheets before elections to study whether having more informed voters affects the political budget cycle. Municipal investment in the year before elections is 28.5% higher than in electoral years, and the reform reduced this pre‐electoral spending increase by one third. I then study the role of local newspapers in disseminating municipal financial information to voters and find that the effect of the reform is twice as large in areas with relatively many newspaper readers, suggesting that mayors react to more informed voters by reducing spending manipulation
Economics · Political economy · Political science · Politics · Economic Policies and Impacts · Fiscal Policies and Political Economy · Italy: Economic History and Contemporary Issues · Law
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| Unique citing works | 27 |
|---|---|
| Citations per year | 3 |
| Citation span | 2017 - 2026 (10) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 26 |