领土改革的纵向财政外部性:来自巴西的证据

IF 1.8 4区 经济学 Q2 ECONOMICS
Antonio Marcos Silva Santos, Ricardo Carvalho de Andrade Lima
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引用次数: 0

摘要

与政府属地改革相关的财政冲击是否会对地方政府产生纵向财政外部性?本文调查了地方政府如何在公共支出方面对1988年巴西托坎廷斯州的成立作出反应。采用动态差异中的差异方法,我们发现受二线政府变化影响的城市在改革后的几年里公共支出急剧减少。造成这种情况的部分原因可能是改革后减少了对受影响城市的政府间中央转移支付,这限制了它们的财政能力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The vertical fiscal externalities of a territorial reform: Evidence from Brazil
Do fiscal shocks associated with a government’s territorial reform generate vertical fiscal externalities for local governments? This paper investigates how local governments responded in terms of public spending to the creation of the Brazilian state of Tocantins in 1988. Using a dynamic Difference-in-Differences approach, we find that municipalities affected by changes in the second-tier government experienced a sharp reduction in public spending in the years following the reform. This may have been partly driven by the reduction in intergovernmental central transfers to the affected municipalities after the reform, which constrained their fiscal capacity.
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来源期刊
Economics Letters
Economics Letters ECONOMICS-
CiteScore
3.20
自引率
5.00%
发文量
348
审稿时长
30 days
期刊介绍: Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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