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dc.contributor.authorImami, Drinien
dc.contributor.authorLami, Endriten
dc.contributor.authorKächelein, Holgeren
dc.date.accessioned2011-05-13-
dc.date.accessioned2011-05-13T14:45:48Z-
dc.date.available2011-05-13T14:45:48Z-
dc.date.issued2011-
dc.identifier.isbn978-3-931052-87-4en
dc.identifier.urihttp://hdl.handle.net/10419/45553-
dc.description.abstractThe phenomenon of manipulation of the economy by the incumbent for electoral purpose is called Political Business Cycles (PBC). Using policy control economic instruments, such as fiscal and monetary instruments, governments may manipulate the economy to gain electoral advantage by producing growth and decreasing unemployment before elections. Earlier research on PBC in Albania found clear evidence of fiscal expansion before elections. In addition to increased income from taxes and borrowing, another source of financing the increased fiscal expansion in transition countries may be income from privatization, which is also the object of the analysis of this paper. In our analysis we apply standard econometric approach, used widely for research related to PBC. We test if income from privatization increases before elections. We find statistically significant increase of income from privatization before general (parliamentary) elections, which may lead us to conclude that one of the reasons may be to finance increased expenditures before elections. Another motivation, behind this behavior of the incumbent, may be rent - seeking. These results are of particular interest, as it is for the first time that income from privatization is analyzed in conjunction with PBC.en
dc.language.isoengen
dc.publisher|aBamberg University, Bamberg Economic Research Group on Government and Growth (BERG) |cBambergen
dc.relation.ispartofseries|aBERG Working Paper Series on Government and Growth |x77en
dc.subject.jelE32en
dc.subject.jelO23en
dc.subject.jelH61en
dc.subject.ddc330en
dc.subject.keywordAlbaniaen
dc.subject.keywordPolitical Business Cycleen
dc.subject.keywordPrivatizationen
dc.titlePolitical cycles in income from privatization: The case of Albania-
dc.typeWorking Paperen
dc.identifier.ppn658136259en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bamber:77en

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