Institutional Quality and Fiscal Transparency

Nicoló Andreula, Alberto Chong and Jorge Guillén

No 1663, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper uses new data on fiscal transparency for a cross-section of countries; these data possess several advantages. First, the data are based on in-depth reports using a standardized methodology and protocol. Second, this study covers 82 countries, more than previous comparable studies. Third, the fiscal measures used have been obtained with the collaboration of government authorities, which makes them particularly reliable. Finally, the data collection has been undertaken at a high level. These new data permit examination of a relevant but little-studied issue, the role of institutional quality in a countrys fiscal transparency. It is shown that there is in fact a causal relationship between institutions and transparency. The findings are robust to changes in specification and a host of transparency sub-measures.

Keywords: IDB-WP-125 (search for similar items in EconPapers)
JEL-codes: H50 H83 (search for similar items in EconPapers)
Date: 2009-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Institutional Quality and Fiscal Transparency (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:1663

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