H11 - Structure, Scope, and Performance of GovernmentReturn

Results 1 to 2 of 2:

NASA Funding in Congress: Money Matters

Martin Machay, Alan Steinberg

European Journal of Business Science and Technology 2020, 6(1):5-20 | DOI: 10.11118/ejobsat.2020.005

This paper argues that individual members of Congress engage in economic opportunism, voting in the best interests of their constituents based on economic heuristics, when considering space policy legislation. Multivariable logit analysis is conducted on five votes in the House of Representatives to test the hypotheses. The economic opportunism effect is captured in the models by the presence of NASA Centers, relative importance of space industry and NASA procurements. Findings suggest that economic benefits to a member’s constituency can play an important role in legislative voting, particularly when legislation deals with federal aerospace funding, when space policy bills lack over-reaching bi-partisan support. In recent years the National Aeronautics and Space Administration (NASA) has seen its funding fall prey to partisan budget battles and party line voting, but this was not historically the norm. As we move forward into a future where NASA funding may become more scrutinized and politicized, this paper supports the thesis that individual members of Congress care more about the funds for their constituents than the other aspects of space policy.

The “Three-D-Relationship”: Do Democracy and Development Lead to Increased Debt?

Petr Blížkovský, Luboš Střelec, Kateřina Blížkovská

European Journal of Business Science and Technology 2020, 6(1):21-36 | DOI: 10.11118/ejobsat.2020.003

The paper aims to test the research hypothesis of whether more democratic and economically developed countries tend to have higher public debts (the “Three-D-Relationship”) or not. The hypothesis was tested on a panel of 91 countries over the period from 2012 to 2016 using a two way analysis of variance where debt was the dependent variable and regime type and income levels were factors. The results only partially confirmed the hypothesis. Higher democratic standards did correlate with higher debt levels. Similarly, higher income levels also correlated with bigger debt burden. Both “democracy” and “development” combined was not linked to higher debt levels.