Local political business cycles: Evidence from Philippine municipalities
This paper establishes the existence of short-term political business cycles in the Philippines over the period 2003–2009. Examining a balanced panel of 1143 municipalities shows that employment levels increase in the two pre-electoral quarters and drop sharply in the two quarters following election...
| Main Author: | |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2016
|
| _version_ | 1826281259056234496 |
|---|---|
| author | Labonne, J |
| author_facet | Labonne, J |
| author_sort | Labonne, J |
| collection | OXFORD |
| description | This paper establishes the existence of short-term political business cycles in the Philippines over the period 2003–2009. Examining a balanced panel of 1143 municipalities shows that employment levels increase in the two pre-electoral quarters and drop sharply in the two quarters following elections. Further results are consistent with the cycles being generated by incumbents' attempts to increase their chances of re-election. Cycles are stronger in sectors that incumbents are more able to influence, and when they expect stronger electoral competition. Evidence suggests that these cycles are detrimental to development. |
| first_indexed | 2024-03-07T00:26:07Z |
| format | Journal article |
| id | oxford-uuid:7e300eb6-b839-4e2e-be46-cec29db7b449 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:26:07Z |
| publishDate | 2016 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oxford-uuid:7e300eb6-b839-4e2e-be46-cec29db7b4492022-03-26T21:08:41ZLocal political business cycles: Evidence from Philippine municipalitiesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:7e300eb6-b839-4e2e-be46-cec29db7b449EnglishSymplectic Elements at OxfordElsevier2016Labonne, JThis paper establishes the existence of short-term political business cycles in the Philippines over the period 2003–2009. Examining a balanced panel of 1143 municipalities shows that employment levels increase in the two pre-electoral quarters and drop sharply in the two quarters following elections. Further results are consistent with the cycles being generated by incumbents' attempts to increase their chances of re-election. Cycles are stronger in sectors that incumbents are more able to influence, and when they expect stronger electoral competition. Evidence suggests that these cycles are detrimental to development. |
| spellingShingle | Labonne, J Local political business cycles: Evidence from Philippine municipalities |
| title | Local political business cycles: Evidence from Philippine municipalities |
| title_full | Local political business cycles: Evidence from Philippine municipalities |
| title_fullStr | Local political business cycles: Evidence from Philippine municipalities |
| title_full_unstemmed | Local political business cycles: Evidence from Philippine municipalities |
| title_short | Local political business cycles: Evidence from Philippine municipalities |
| title_sort | local political business cycles evidence from philippine municipalities |
| work_keys_str_mv | AT labonnej localpoliticalbusinesscyclesevidencefromphilippinemunicipalities |