Detail publikace

Political Legislation Cycle in the Czech Republic

Autor: doc. PhDr. Adam Geršl Ph.D.,
Typ: Články v impaktovaných časopisech
Rok: 2013
Číslo: 0
ISSN / ISBN: 1043-4062
Publikováno v: Springer US
Místo vydání:
Klíčová slova: political business cycle; economic theory of legislation; voters; negative binomial regression
JEL kódy: H61, H62, C49
Granty: GACR 402/08/0501 (2008-2010) Politická ekonomie veřejných rozpočtů GAČR 403/10/1235 (2010-2014) Institucionální reakce na selhání finančních trhů
Abstrakt: Politicians’ efforts to stay in office may lead to the occurrence of political cycles in legislation activity. The aim of this article is to analyze the political legislation cycles in a post-socialist economy of a young democracy, namely in the Czech Republic. Our estimation of the relationship between the number of approved laws and various explanatory variables suggests that the timing of elections has an impact on legislation activity. As an electoral term matures and upcoming elections approach, an increase is observed in legislation activity through which an incumbent government seeks to maximize its chances of re-election.


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