Institutional Quality and Fiscal Transparency

Nicolo Andreula, Alberto Chong and Jorge Guillén ()

No 4647, Research Department Publications from Inter-American Development Bank, Research Department

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 country’s 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: Fiscal management; Institutions; Public administration; Transparency (search for similar items in EconPapers)
JEL-codes: H50 H83 (search for similar items in EconPapers)
Date: 2009-12
New Economics Papers: this item is included in nep-lam, nep-pbe and nep-pub
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Citations: View citations in EconPapers (9)

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Working Paper: Institutional Quality and Fiscal Transparency (2009)
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