Obakemi, Funsho; Adebowale, Hammed Adesola; Yusuf, … - In: European journal of government and economics : EJGE 10 (2021) 2, pp. 185-205
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 … significant effect in the pre-election year. In addition, we found evidence suggesting that though democracy significantly lowers …
