TY  - JOUR
AB  - The paper applies two core theoretical frameworks of budgetary change-incrementalism and punctuated equilibrium theory-to a new database of Hungarian final accounts data for the period 1991 through 2013. Based on our analysis trends in Hungarian budgeting are in line with available comparative evidence suggesting that yearly changes of budget outlays in policy domains are best characterized by a punctuated equilibrium model. The most significant variable in predicting whether an observation would fall into the equilibrium or punctuated group was the share of the given policy domain of total outlays. However, alternative explanatory variables, such as the electoral cycle, the fiscal cycle and the business cycle had no effect on the results.
VL  - 29
IS  - 2
SN  - 1096-3367
DO  - 10.1108/JPBAFM-29-02-2017-B001
UR  - https://doi.org/10.1108/JPBAFM-29-02-2017-B001
AU  - Sebók Miklós
AU  - Berki Tamás
PY  - 2017
Y1  - 2017/01/01
TI  - Incrementalism and punctuated equilibrium in Hungarian budgeting (1991-2013)
T2  - Journal of Public Budgeting, Accounting & Financial Management
PB  - Emerald Publishing Limited
SP  - 151
EP  - 180
Y2  - 2024/04/24
ER  -