000 01605naa a2200181uu 4500
001 10650
003 OSt
005 20190211155120.0
008 030131s2005 xx ||||gr |0|| 0 eng d
100 1 _aSCHADY, Norbert R
_99605
245 1 0 _aThe political economy of expenditures by the peruvian social fund (FONCODES),1991-95
260 _c2000
520 3 _aThe Peruvian Social Fund (FONCODES) was created by Presidente Alberto Fujimori in 1991 whith the stated objectives of generating employment, allviating poverty, and improving access to social services. This article uses province-level data on monthly expenditures, socioeconomic indicator, and electoral outcomes to analyze political influences on the timing and geographic distribution of FONCODES expenditures between 1991 and 1995. I reach three main conclusions. Firts, these expenditures increased significantly before natinal elections. Second, FONCODES projects were directed at provinces in wich the marginal political effect of expenditures was likely to be largest. Third, these projects favored the poorest provinces, which suggests that the program aso had a redistributive function. The results are robust to a large number of specifications and controls. The Peruvian data suport predictinos made in the literature on political business cycles as well as the literature on olitical influences on the allocation of discretionary funds
773 0 8 _tAmerican Political Science Review
_g94, 2, p. 289-304
_d, 2000
_w
942 _cS
998 _a20030131
_bCassio
_cCassio
998 _a20060724
_b1619^b
_cQuiteria
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c10776
_d10776
041 _aeng