EconPapers    
Economics at your fingertips  
 

Distribution of transfers and soft budget spending behaviors: evidence from Italian regions

Fabio Padovano ()

Public Choice, 2014, vol. 161, issue 1, 29 pages

Abstract: This paper examines empirically the strategic interactions among central and subcentral governments when incomplete information forces the subcentral government to form expectations about the amount of transfers that it will receive from the central one. The empirical analysis features a wide array of proxies for transfer expectations and uses an autoregressive modeling technique to estimate them on a sample of 20 Italian Regions for the 1995–2009 time interval. The analysis shows that transfer expectations are a quantitatively important component of local government spending, revealing evidence of soft budget spending behavior. Copyright Springer Science+Business Media New York 2014

Keywords: Expectations; Intergovernmental relations; Transfers; Local public spending; Soft budget spending behavior; H71; H73; H77; D78 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1007/s11127-013-0119-1 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Distribution of transfers and soft budget spending behaviors: evidence from Italian regions (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:pubcho:v:161:y:2014:i:1:p:11-29

Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11127/PS2

DOI: 10.1007/s11127-013-0119-1

Access Statistics for this article

Public Choice is currently edited by WIlliam F. Shughart II

More articles in Public Choice from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2020-06-26
Handle: RePEc:kap:pubcho:v:161:y:2014:i:1:p:11-29