期刊名称：South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN：1109-8597
电子版ISSN：1792-3115
出版年度：2011
卷号：9
期号：1
出版社：Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要：it is widely perceived by public opinion that incumbents try to improve the eco-nomic situation before elections to impress voters, typically through fiscal and/or monetary expansion policies, creating in this way Political business cycles (Pbc). However, governments in transition countries may use additional instru-ments, up to now not covered by the Pbc literature. throughout the transition, the electricity supply has not been regular in Albania, reflected in systematic daily interruptions to supply for households and business throughout the coun-try, seriously affecting their wellbeing. Thus, it is rational that the incumbent commits to improving electricity supply to please the voters before elections, us-ing its monopoly position in the production and supply of electricity. the results confirm our hypotheses that before elections, the supply of electricity increases significantly above usual levels, followed by a contraction after elections
关键词：Political Business cycle; Electricity; albania
