Obakemi, Funsho; Adebowale, Hammed Adesola; Yusuf, … - In: European Journal of Government and Economics (EJGE) 10 (2021) 2, pp. 185-205
significant effect in the pre-election year. In addition, we found evidence suggesting that though democracy significantly lowers … results of the system GMM revealed that the fiscal deficit is significantly large in election years and the deficit spending … spills into the year after the election, though not as high as in the election year. We could not, however, find a …