Autori
Mansour, Mohamed
Kamwa, Eric

Titolo
Lack of consensus, dispersion of political power and public debt: evidence from a sample of developed countries
Periodico
Journal of public finance and public choice
Anno: 2024 - Volume: 39 - Fascicolo: 2 - Pagina iniziale: 163 - Pagina finale: 179

The aim of this article is to study empirically the relationship between political governance and public debt by testing a number of hypotheses. We examine the effects of the dispersion of power on public debt with an econometric study carried out on a sample of 13 developed countries using macroeconomic and political data covering the period 1996–2012. It is found that the lack of consensus between political parties in a government coalition and the dispersion of power within the government are factors explaining the increase in public debt.



SICI: 2515-6918(2024)39:2<163:LOCDOP>2.0.ZU;2-Q

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