特区与地方政府债务:对“老西北领地”州的分析

Dagney Faulk, Larita J. Killian
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引用次数: 20

摘要

特区可能为地方政府提供了一种发行超出债务上限的债券的方式。本研究考察了县特区数与地方政府债务水平的关系。使用来自西北地区的州的数据,并控制其他地方政府、人口和财政因素,我们发现,在我们研究的五个州中,有四个州(印第安纳州、密歇根州、俄亥俄州和威斯康星州),一个县的特区数量与地方政府债务呈正相关。伊利诺斯州的结果微不足道。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Special Districts and Local Government Debt: An Analysis of 'Old Northwest Territory' States
Special districts potentially offer a way for local governments to issue more debt than allowed by debt limits. This research examines the relationship between the number of special districts in a county and local government debt levels. Using data from states formed from the Northwest Territory and controlling for other local governments, demographic, and fiscal factors, we find that the number of special districts in a county is positively related to local government debt in four of the five states examined (Indiana, Michigan, Ohio, and Wisconsin). The results for Illinois were insignificant.
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