#13073. The effect of the cabinet’s ideological composition on economic growth in the Visegr?d countries

2022publication date
Proposal available till 15-12-2021
0 total number of authors per manuscript0 $

The title of the journal is available only for the authors who have already paid for
Journal’s subject area:
Places in the authors’ list:

Abstract:
This article examines the relationship between the ideological composition of government cabinets and changes in economic activities in the Central European Region. Often, electoral rhetoric about right-wing governments being financially prudent and left-wing governments being “tax and spend” actors still holds sway in public discussion. However, empirical analysis and academic research have rarely backed such claims. The research hypothesis is that economic activity is mostly independent of who governs, also known as policy convergence. The article aims to test the policy convergence thesis on four Visegr?d countries (the Czech Republic, Hungary, Poland, and Slovakia). The research applied hierarchical models to estimate the effects of the ideological composition of the cabinet on the quarterly change of real GDP while controlling for other relevant predictors. The results confirmed the policy convergence thesis because the effects of various cabinets were neither substantial nor meaningful.
Keywords:
Central and Eastern European countries; economic growth; government ideology; hierarchical model; political parties

Contacts :
0