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Political transformations and public finances : Europe, 1650-1913

Author: Mark Dincecco
Publisher: Cambridge ; New York : Cambridge University Press, 2011.
Series: Political economy of institutions and decisions.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"How did today's rich states first establish modern fiscal systems? To answer this question, Political Transformations and Public Finances by Mark Dincecco examines the evolution of political regimes and public finances in Europe over the long term. The book argues that the emergence of efficient fiscal institutions was the result of two fundamental political transformations that resolved long-standing problems of  Read more...
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Genre/Form: History
Document Type: Book
All Authors / Contributors: Mark Dincecco
ISBN: 9780521192330 0521192331
OCLC Number: 704120647
Description: xii, 233 pages : illustrations ; 24 cm.
Contents: Cover; Title; Copyright; Contents; List of Figures and Tables; Acknowledgments; 1 Weak and Strong States in Historical Perspective; 1.1. Fiscal Fundamentals; 1.2. The Approach; 1.3. Overview of Contents; 2 Gaining Force; 2.1. The Fragmented Old Regime; 2.2. Quantitative Analysis; 2.2.1. Research Design; 2.2.2. Results; 2.3. Centralization after 1789; 2.4. Coding Centralization; 3 Restricting Power; 3.1. Predatory Kings; 3.2. The Fiscal Supremacy of Parliament; 3.3. Coding Limited Government; 4 Political Regimes and Credit Risk; 4.1. Regimes and Risk: Theory; 4.2. The Data. 4.3. Regimes and Risk: Case-Study Evidence; 4.3.1. France; 4.3.2. The Netherlands; 4.3.3. Spain; 5 Two Mechanisms; 5.1. Regimes, Revenues, and Prudence: Theory; 5.2. The Data; 5.3. Regimes, Revenues, and Prudence: Case-Study Evidence; 5.3.1. France; 5.3.2 The Netherlands; 5.3.3. Spain; 5.3.4 Austria; 5.4. Prussia as an Anomaly; 6 Letting the Data Speak for Themselves; 6.1. Structural Breaks Basics; 6.2. Sovereign Credit Risk: Results; 6.3. Two Mechanisms: Results; 7 Estimating the Fiscal Effects of Political Regimes; 7.1. Econometric Basics; 7.1.1. Panel Specification. 7.1.2. Accounting for Conflict, Growth, and Other Factors; 7.1.3. Reverse Causation?; 7.2. Sovereign Credit Risk: Results; 7.3. Two Mechanisms: Results; 7.3.1. Government Revenues; 7.3.2. Deficit Ratios; 8 The Institutional Balance of Modern Fiscal States; 8.1. Assessment of Findings; 8.2. The Changing Role of Government; 8.3. Historical Lessons for Development; 8.4. The Future of Entitlements; Appendices; Works Cited; Index; Other Books in the Series.
Series Title: Political economy of institutions and decisions.
Responsibility: Mark Dincecco.

Abstract:

Mark Dincecco examines the long-term evolution of political regimes and public finances in Europe.  Read more...

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'Mark Dincecco has set a keystone atop the new literature seeking to explain the stark international differences in the modern rise of government financial capacity. We have long wondered whether Read more...

 
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