Resumen

ARGAEZ, Juan. The Moderating Role of Local Congresses on the Opportunistic Political Budget Cycle in Mexico. Gest. polít. pública [online]. 2016, vol.25, n.2, pp.525-549. ISSN 1405-1079.

The literature on the opportunistic political budget cycle in Mexican States shares the limitation that budgetary policy is assumed to be a unilateral decision of the executive branch and fails to consider the political and institutional constraints governors face. The purpose of this study is to relax that assumption and evaluate whether an increase in the level of competition in elections for local congresses plays a moderating role on the opportunistic political budget cycle. The empirical evidence presented shows that local congresses exert a moderating role and inhibit the opportunistic political budget cycle when there is a high level of competition in elections for state representatives.

Palabras llave : political budget cycle; opportunistic budget cycle; state congresses; electoral competition; competition policy; Mexican states.

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