Fiscal policy institutions and history

被引：0

作者：

Cuberes, David ^{[2
]}

Mountford, Andrew ^{[1
]}

机构：

[1] Univ London, Egham TW20 0EX, Surrey, England

[2] Univ Sheffield, Sheffield S10 2TN, S Yorkshire, England

来源：

ECONOMICS LETTERS | 2012年 / 115卷 / 03期

关键词：

Fiscal policy; Discretion; Institutions; State capacity; ORIGINS;

D O I：

10.1016/j.econlet.2011.12.062

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that historical variables can explain a significant part of discretionary government spending across countries. We argue that these results provide evidence in favor of Besley and Persson's (2009) hypothesis that institutional quality or state capacity is historically determined and further that institutional quality determines, in part, economic policy. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：392 / 395

页数：4

共 14 条

[1] Reversal of fortune: Geography and institutions in the making of the modern world income distribution [J].