A large and rapidly growing literature in political economics attempts to answer these questions. The political economy of public finance edited by marc buggeln. In public finance and public management such evaluations are mainly based on the welfare theory and public choice literature mueller 2003, sobel 2004, which refer to an economic. How can we explain this variation across time and countries. Structure and coherence in the political economy of public finance by.
The role of political economy in the theory and practice of public economics edited by stanley l. Public economics program observed fiscal policy varies greatly across time and countries. This dissertation consists of three research articles in political economy and public finance. Political economics and public finance sciencedirect. Political economics and public finance association of swedish. This paper surveys the recent literature that has tried to answer this question. It is about the revenue, expenditure and debt operations of the government and the. What is the role of alternative political constitutions and collective choice. It is a study of income and expenditure of central.
Political economics and public finance torsten persson, guido tabellini. Observed fiscal policy varies greatly across time and countries. We adopt a unified approach in portraying public policy as the equilibrium outcome of an explicitly specified political process. As a subject, public finance is a study of public sector economics. But so far there is little consensus on the answers and. Public finance and public policy a political economy perspective on the responsibilities and limitations of government. Essays in political economy and public finance academic commons. Public finance is that branch of general economics which deals with financial activities of the state or government at national, state and local levels. In the postwar period, a splintering of approaches has taken place, suffi ciently so that it is meaningful to distinguish between the old public finance and the new, recognizing that new is not a synonym for better. Three principles that public finance is based on are. Political economics and public finance by guido tabellini.
1421 1279 40 481 79 1351 1396 177 52 102 1630 1284 905 1426 1248 1316 623 986 1185 1394 48 785 861 688 1133 1643 187 1276 528 1466 1357 1023 1287 1210 691 355 1289 1494 597 472 472 951 1278 737 694 479 704