To what extent do fiscal spending rules affect budget composition?

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Public Sector Economics, Vol. 42 No. 3, 2018.

Original scientific paper

https://doi.org/10.3326/pse.42.3.5

To what extent do fiscal spending rules affect budget composition?

Wildmer Daniel Gregori Gregori ; European Commission, Joint Research Centre (JRC), Ispra, Italy

Full text: english pdf 397 Kb

page 325-345

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APA 6th Edition

Gregori, W.D.G. (2018). To what extent do fiscal spending rules affect budget composition?. Public Sector Economics, 42 (3), 325-345. https://doi.org/10.3326/pse.42.3.5

MLA 8th Edition

Gregori, Wildmer Daniel Gregori. "To what extent do fiscal spending rules affect budget composition?." Public Sector Economics, vol. 42, no. 3, 2018, pp. 325-345. https://doi.org/10.3326/pse.42.3.5. Accessed 22 Dec. 2024.

Chicago 17th Edition

Gregori, Wildmer Daniel Gregori. "To what extent do fiscal spending rules affect budget composition?." Public Sector Economics 42, no. 3 (2018): 325-345. https://doi.org/10.3326/pse.42.3.5

Harvard

Gregori, W.D.G. (2018). 'To what extent do fiscal spending rules affect budget composition?', Public Sector Economics, 42(3), pp. 325-345. https://doi.org/10.3326/pse.42.3.5

Vancouver

Gregori WDG. To what extent do fiscal spending rules affect budget composition?. Public Sector Economics [Internet]. 2018 [cited 2024 December 22];42(3):325-345. https://doi.org/10.3326/pse.42.3.5

IEEE

W.D.G. Gregori, "To what extent do fiscal spending rules affect budget composition?", Public Sector Economics, vol.42, no. 3, pp. 325-345, 2018. [Online]. https://doi.org/10.3326/pse.42.3.5

Abstract

The aim of this paper is to investigate the extent to which local budget composition reacts to variations in fiscal spending rules. It looks at Italian subnational governments and specific changes in the institutional framework, implementing a difference-in-discontinuities strategy. Results show that when a reduction in current spending is imposed, local authorities direct the cuts towards services. Furthermore, when an increase in capital spending is allowed, there is an increase in spending on infrastructure and local public debt.

Keywords

fiscal rules; public spending; difference-in-discontinuities; local governments

Hrčak ID:

204809

URI

https://hrcak.srce.hr/204809

Publication date:

3.9.2018.

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