Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/7335
Title: Public sector price controls and electoral cycles
Authors: Özatay, Fatih
Keywords: [No Keywords]
Issue Date: 2007
Publisher: Routledge Journals, Taylor & Francis Ltd
Abstract: Public enterprise prices are important policy instruments in developing economics. This is why public sector price polices constitute a key element of stabilization programmes implemented in these economies. However, this significance is not specific to stabilization episodes. First, this study questions whether an opportunistic politician can manipulate public prices to win elections. It analyses the impact of such price controls on budget deficits and the repercussions of alternative financing mechanisms of these deficits on the inflation rate and voters' behaviour. It is shown that electoral inflation cycles are obtained under domestic debt financing, whereas money financing does not permit such a manipulative policy. Second, by focusing on data of the Turkish economy for the 1987(1)-2003(12) period, empirical evidence for such manipulative policies is given.
URI: https://doi.org/10.1080/00036840500427346
https://hdl.handle.net/20.500.11851/7335
ISSN: 0003-6846
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

Show full item record

CORE Recommender

SCOPUSTM   
Citations

3
checked on Sep 23, 2022

WEB OF SCIENCETM
Citations

3
checked on Sep 24, 2022

Page view(s)

38
checked on Feb 6, 2023

Google ScholarTM

Check

Altmetric


Items in GCRIS Repository are protected by copyright, with all rights reserved, unless otherwise indicated.