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Determinants of Portuguese local governments’ indebtedness

Veiga, Linda Gonçalves; Veiga, Francisco José - Núcleo de Investigação em Políticas Económicas … - 2014

Using an extensive dataset covering all Portuguese local governments (308), this paper analyzes the determinants of municipal deficits and debt. The results clearly indicate the existence of a political budget cycle, but there is no evidence that fiscal policy is used strategically to condition...

Persistent link: https://www.econbiz.de/10010940433

The Political Economy of Portuguese Intergovernmental Grants

Veiga, Linda Gonçalves; Pinho, Maria Manuel - Núcleo de Investigação em Políticas Económicas … - 2005

We use a large and unexplored dataset covering all mainland Portuguese municipalities from 1979 to 2002 to evaluate the impact of political forces in the allocation of grants from the central government to local authorities. Empirical results clearly show that, besides variables that proxi local...

Persistent link: https://www.econbiz.de/10005015538

Collective Efficiency Strategies: A Regional Development Policy Contribution for Competitiveness Enhancement

Baleiras, Rui Nuno - Núcleo de Investigação em Políticas Económicas … - 2011

theory. The family of Collective Efficiency Strategies (CES) was originally con-ceived in Portugal during the 2005 …

Persistent link: https://www.econbiz.de/10009322605

Turnout and the modeling of economic conditions: Evidence from Portuguese elections

Martins, Rodrigo; Veiga, Francisco José - Núcleo de Investigação em Políticas Económicas … - 2012

This paper analyzes the impact of economic conditions on voter turnout at Portuguese legislative and municipal elections. We use four extensive datasets to estimate an economic turnout model in which local economic variables are included in quadratic form, so that non-linear effects can be taken...

Persistent link: https://www.econbiz.de/10009415538

Is there duration dependence in Portuguese local governments’ tenure?

Castro, Vítor; Martins, Rodrigo - Núcleo de Investigação em Políticas Económicas … - 2012

This paper analyses the presence of duration dependence in local governments’ tenure employing continuous and discrete-time duration analyses over a set of spells of time in office for the period 1979-2005. Our results show that the more time a party remains in office, the higher is the...

Persistent link: https://www.econbiz.de/10010897782

Does voter turnout affect the votes for the incumbent government?

Martins, Rodrigo; Veiga, Francisco José - Núcleo de Investigação em Políticas Económicas … - 2013

This paper analyzes the effects of voter turnout on the vote shares received by the incumbent government. A system of simultaneous equations is estimated using a panel dataset of 278 Portuguese municipalities, for the period 1979-2005, covering 10 legislative elections. The results indicate that...

Persistent link: https://www.econbiz.de/10010897783

The Effects of Monetary Policy in a Small Open Economy: The Case of Portugal

Sousa, Ricardo M. - Núcleo de Investigação em Políticas Económicas … - 2012

. Finally, both the real GDP and the price level in Portugal would have been higher during almost the entire sample period if …

Persistent link: https://www.econbiz.de/10010897799

The Political Economy of Local Governments' Expenditures

Veiga, Linda Gonçalves - Núcleo de Investigação em Políticas Económicas … - 2002

decisions in Portugal. The dataset used in the empirical work has information for all mainland Portuguese municipalities from …

Persistent link: https://www.econbiz.de/10005704671

The determinants of vote intentions in Portugal

Veiga, Francisco José; Veiga, Linda Gonçalves - Núcleo de Investigação em Políticas Económicas … - 2001

This paper offers additional insights on the interactions between economics and politics in Portugal. We use an … unexplored data set consisting of monthly polls on vote intentions for the main political parties in Portugal, since 1986 …

Persistent link: https://www.econbiz.de/10005704673

A convergência para a União Económica e Monetária: objectivo nacional ou constrangimento externo?

Torres, Francisco - Núcleo de Investigação em Políticas Económicas … - 2007

In Portugal, as in most other European Union (EU) countries, the challenge of Economic and Monetary Union (EMU) has … compatible with the objective of EMU participation throughout the heights of the European recession in Portugal (1993/94), the … and social consensus broke once Portugal had joined EMU upon its inception. …

Persistent link: https://www.econbiz.de/10005704674