Publication at Faculty of Mathematics and Physics, Faculty of Social Sciences |
2014
Abstract
Politicians' efforts to stay in office may lead to the occurrence of political cycles in legislation activity. The aim of this article is to analyze the political legislation cycles in a post-socialist economy of a young democracy, namely in the Czech Republic.
Our estimation of the relationship between the number of approved laws and various explanatory variables suggests that the timing of elections has an impact on legislation activity. As an electoral term matures and upcoming elections approach, an increase is observed in legislation activity through which an incumbent government seeks to maximize its chances of re-election.