000			01309nam a22001577a 4500
999			_c521905 _d521905
008			230302b ||||| |||| 00| 0 eng d
100			_aOlejnik, Tukasz Wiktor _937835
245			_aCycles in a cycle: Investment expenditures and their composition during the political budgetary cycle
260			_aLocal Government Studies
300			_a48(3), Jun, 2022: p.482-513
520			_aPrevious studies on the Political Budgetary Cycle have used fiscal variables on high levels of aggregation, including, among others, investment expenditure aggregates or capital expenditure aggregates. This article demonstrates the existence of a Political Budgetary Cycle in investment expenditures among Polish local governments, and analyses the composition of investment expenditures during the cycle. Due to the varying visibility of investment expenditures, their composition is also subject to fluctuations. Before elections, there is an increase in investments in culture, tourism and transport infrastructure, and a drop in investments in public safety, education, environmental protection, sports and counteracting social exclusion. – Reproduced
650			_aLocal political budgetary cycle, Investment composition. _936280
773			_aLocal Government Studies
906			_aPUBLIC FINANCE
942			_cAR