Liberals, Socialists, and Pork-Barrel Politics in Greece

31 Pages Posted: 13 Jun 2016

See all articles by Yannis Psycharis

Yannis Psycharis

Panteion University of Athens

Andrés Rodríguez-Pose

London School of Economics & Political Science (LSE) - Department of Geography and Environment

Vassilis Tselios

affiliation not provided to SSRN

Date Written: June 2016

Abstract

This paper analyses the role of pork-barrel politics in the allocation of public investment expenditures in Greece. It proposes a model which explicitly relates the allocation of public investment to electoral results using a unique dataset covering the period from the restoration of democracy in 1974 until 2009, just before the Great Recession that radically transformed the political panorama of the country. The analysis includes ten legislative periods marked by governments of the two parties that dominated the political arena in Greece: the Liberal and the Socialist Party. The results show that Socialist and re-elected governments applied more expansionary fiscal policies relative to Liberals. The two main parties also used different tactics when it came to pork-barrelling: while the Socialists when in government rewarded/groomed their electoral fiefs, the Liberals invested in areas controlled by the opposition to win over new votes or seats.

Keywords: elections, Greece, pork-barrel politics, Public investment, regional policy

JEL Classification: H54, P16, R1, R12, R42, R58

Suggested Citation

Psycharis, Yannis and Rodríguez-Pose, Andrés and Tselios, Vassilis, Liberals, Socialists, and Pork-Barrel Politics in Greece (June 2016). CEPR Discussion Paper No. DP11319. Available at SSRN: https://ssrn.com/abstract=2795082

Yannis Psycharis (Contact Author)

Panteion University of Athens ( email )

Athens
Athens 117 45
Greece

Andrés Rodríguez-Pose

London School of Economics & Political Science (LSE) - Department of Geography and Environment ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Vassilis Tselios

affiliation not provided to SSRN

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