Distribution of transfers and soft budget spending behaviors: evidence from Italian regions
Fabio Padovano ()
Post-Print from HAL
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.
Keywords: Expectations. intergovernmental relations; local public spending; soft budget spending behavior; transfers (search for similar items in EconPapers)
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00911854
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Published in Public Choice, Springer Verlag, 2014, 161 (1-2), pp.11-29. ⟨10.1007/s11127-013-0119-1⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Journal Article: 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)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00911854
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().