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Review article
https://doi.org/10.3326/pse.42.4.4

Determinants of subnational budget/fiscal transparency: a review of empirical evidence

Branko Stanić   ORCID icon orcid.org/0000-0002-8746-6764 ; Institute of Public Finance, Zagreb

Fulltext: english, pdf (454 KB) pages 449-486 downloads: 195* cite
APA 6th Edition
Stanić, B. (2018). Determinants of subnational budget/fiscal transparency: a review of empirical evidence. Public Sector Economics, 42 (4), 449-486. https://doi.org/10.3326/pse.42.4.4
MLA 8th Edition
Stanić, Branko. "Determinants of subnational budget/fiscal transparency: a review of empirical evidence." Public Sector Economics, vol. 42, no. 4, 2018, pp. 449-486. https://doi.org/10.3326/pse.42.4.4. Accessed 20 Jan. 2021.
Chicago 17th Edition
Stanić, Branko. "Determinants of subnational budget/fiscal transparency: a review of empirical evidence." Public Sector Economics 42, no. 4 (2018): 449-486. https://doi.org/10.3326/pse.42.4.4
Harvard
Stanić, B. (2018). 'Determinants of subnational budget/fiscal transparency: a review of empirical evidence', Public Sector Economics, 42(4), pp. 449-486. https://doi.org/10.3326/pse.42.4.4
Vancouver
Stanić B. Determinants of subnational budget/fiscal transparency: a review of empirical evidence. Public Sector Economics [Internet]. 2018 [cited 2021 January 20];42(4):449-486. https://doi.org/10.3326/pse.42.4.4
IEEE
B. Stanić, "Determinants of subnational budget/fiscal transparency: a review of empirical evidence", Public Sector Economics, vol.42, no. 4, pp. 449-486, 2018. [Online]. https://doi.org/10.3326/pse.42.4.4

Abstracts
This paper provides a review of empirical research on the factors determining the budget/fiscal transparency of subnational governments. It focuses on academic online databases by conducting keyword searches that take in papers published in the period 2000-2017. Three important observations can be made: (1) there is a lack of a unique definition of budget/fiscal transparency; (2) the different definitions lead to disharmonised budget/fiscal transparency measurements; (3) there is a heterogeneity of the definition and measurement of some explanatory variables that can lead to apparent contradictions and inconsistencies in the results obtained. However, the paper provides a balanced account of core explanatory factors, emphasizing variables that, despite heterogeneity in definition and measurement, have a significant impact on the levels of subnational government budget/ fiscal transparency. Since the review involves mainly online disclosure, future studies might want to extend the observation period, or implement systematic reviews and meta-analyses to gain additional insights on this topic.

Keywords
subnational governments; budget transparency; empirical review; main determinants

Projects
HRZZ / IP / IP-2014-09-3008 / OLBI - Understanding, monitoring and analysing local government budget transparency: Case study of Croatia and Slovenia - Open local budget index

Hrčak ID: 212698

URI
https://hrcak.srce.hr/212698

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