State Budget Periodicity and General Expenditure Volatility: An Empirical Analysis

• Main Authors: Kim, Soojin, Wang, Qiushi
• Other Authors: School of Humanities and Social Sciences
• Format: Article
• Language: English
• Published: 2017
• Subjects: Budget; Expenditure
• Online Access: https://hdl.handle.net/10356/82595; http://hdl.handle.net/10220/42713; http://pracademics.com/index.php/jpbafm/292-jpbafm-years/jpbafm-2015/volume-27-number-4-winter-2015/1236-state-budget-periodicity-and-general-expenditure-volatility-an-empirical-analysis
• Institution: Nanyang Technological University

This article aims to examine empirically the relationship between budget periodicity and expenditure volatility in state governments. Using a large panel dataset for fifty states over the years 1960–2012, after controlling for institutional, economic, and political factors, we find general expenditu...