Papua New Guinea: Selected Issues and Statistical Appendix
Volume/Issue:
Volume 2007
Issue 112
Publication date: March 2007
ISBN: 9781451831733
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Economics- Macroeconomics , Public Finance , Taxation - General , ISCR , CR , election , tax rate , rate , election period , development expenditure , election-year extravagance , excise tax , excise rate , tariff reform program , tariff rate , import tariff arrangement , Income and capital gains taxes , Mining sector , Tariffs , Corporate income tax , Global
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Summary
This paper examines and tests the existence of political budget cycles in Papua New Guinea during the period 1988–2004. Several factors point to the existence of political budget cycles in Papua New Guinea. The paper provides an overview of the political business cycle literature, and Papua New Guinea’s political structure and processes. It also describes the data set and the empirical methods used to test for the presence of election-influenced spending, and presents the results of a time-series analysis.
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