Thirty Years of Reforms to Budget Rules in Italy: An Econometric Evaluation

Fabio Padovano

Chapter Chapter 8 in Italian Institutional Reforms: A Public Choice Perspective, 2008, pp 139-154 from Springer

Abstract: The paper verifies the effects of reforms in budget approbation rules in Italy during the 1980-2001 periods using a standard public choice model of fiscal performance and nonlinear principal component evaluation of the changes in the degree of stringency of budget rules. While the Italian reforms are evaluated relative to those carried out in other European countries, the model isolates the impact of such reforms on the country’s fiscal performance. Key words: budget rules, fiscal performance, nonlinear principal components.

Keywords: Public Choice; Fiscal Policy; Budget Process; Maastricht Treaty; Fiscal Discipline (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:spr:sprchp:978-0-387-72141-5_8

Ordering information: This item can be ordered from
http://www.springer.com/9780387721415

DOI: 10.1007/978-0-387-72141-5_8

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().