Political budget cycles at the municipal level in Croatia

March 2014
Financial Theory & Practice;2014, Vol. 38 Issue 1, p1
Academic Journal
This paper examines the existence of the political budget cycle (PBC) at the local unit level in Croatia. The research was focused on a sample of 19 county centres, the City of Zagreb and Pula in the period from 2002 to 2011. During that time three parliamentary (in 2003, 2007 and in 2011) and two local elections (in 2005 and in 2009) were held and all the results are calculated at the level of the selected cities. The results do not confirm the existence of opportunistic PBCs, either when the analysis takes in all five elections or when it considers only the parliamentary polls. They do however indicate the restructuring of total expenditures based on second-best strategies and institutional constraints. Analysis of local elections alone indicates the existence of Rogoff's model of information asymmetry. The paper also presents various theoretical models of the PBC together with a survey of empirical research regarding the existence of PBCs in the developed, transitional and developing countries.


Related Articles

  • Interpreting the Predictive Uncertainty of Elections. Fair, Ray C. // Journal of Politics;Apr2009, Vol. 71 Issue 2, p612 

    This paper provides an interpretation of the uncertainty that exists on election morning as to who will win. It is based on the theory that there are a number of possible conditions of nature that can exist on election day, of which one is drawn. Political betting markets provide a way of trying...

  • How to Keep Polling Costs Within Your Overall Budget. Cohen, Michael D. // Campaigns & Elections (1996);Aug2004, Vol. 25 Issue 7, p42 

    Gives advice to political candidates on how to keep polling costs within the overall budget. Establishment of the polling budget as a percentage of the campaign costs; Employment of pollsters who will handle all possible costs; Selection of the right number and mix of interviews.

  • A STUDY OF FAR RIGHT RESSENTIMENT IN AMERICA. Schuman, Howard; Krysan, Maria // International Journal of Public Opinion Research;Spring96, Vol. 8 Issue 1, p10 

    Three samples from a major U.S. metropolitan area are used within a quasi-experimental design to study individuals who contributed money to the far right campaign of David Duke to become Governor of Louisiana in 1991 Using mail survey and Census data, contributors are compared both with their...

  • Asymmetric information and the electoral momentum of public opinion polls. Cukierman, Alex // Public Choice;May1991, Vol. 70 Issue 2, p181 

    This paper demonstrates that the existence of public opinion polls amplifies the effects of shifts in the distribution of the public's preferences over the issue space on the election's results. Voters evaluate candidates by their positions on the issue space and by a valence or general ability...

  • Recent Articles in the Field of Public Opinion Research. Mortimore, Roger // International Journal of Public Opinion Research;Summer2013, Vol. 25 Issue 2, p262 

    Reviews of several articles are presented which include "Asking About Numbers: Why and How" by Stephen Ansolabehere published in a 2013 issue of "Political Analysis," "How Elite Partisan Polarization Affects Public Opinion Formation" by James N. Druckman published in a 2013 issue of the...

  • Polls as news.  // Columbia Journalism Review;Jan/Feb1973, Vol. 11 Issue 5, p2 

    This article comments on the pre-election poll in the U.S. A pre-election poll is an electoral pseudo-event, showing who is ahead. The issue in the main is not the accuracy, authenticity, or the credibility of such polls; they have long since recovered from missteps of earlier years and indeed...

  • ISSUES, PERSONALITIES, AND PRESIDENTIAL PRIMARY VOTERS. Marshall, Thomas R. // Social Science Quarterly (University of Texas Press);Sep1984, Vol. 65 Issue 3, p750 

    Exit polls from several 1980 Democratic and Republican presidential primaries are analyzed to evaluate how primary voters choose among potential nominees. A voter's perceptions of the candidates' personal qualities proved to be the strongest predictor of vote choice in both parties and...

  • Pre-Elections Polls in the Israeli Press. Weimann, Gabriel // Journalism Quarterly;Summer83, Vol. 60 Issue 2, p288 

    Focuses on pre-election polls in the Israeli press. Media sponsorship of coverage of polls; Public opinion research.

  • THE WEEK.  // National Review Bulletin;9/7/1979, Vol. 31 Issue 36, pB129 

    The article presents international political news briefs as of September 1979. The Democratic committee supporting the presidential nomination of Senator Edward Kennedy (D-Mass.) managed to get a federal ruling, that allows it to raise and spend unlimited funds for their unofficial candidate. A...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics