IDEAS home Printed from https://ideas.repec.org/a/taf/lpadxx/v35y2012i9p620-633.html
   My bibliography  Save this article

A Survival Analysis of U.S. Municipalities in Fiscal Distress

Author

Listed:
  • John M. Trussel
  • Patricia A. Patrick

Abstract

This article uses survival analysis to investigate fiscal distress in U.S. municipalities. We hypothesize that fiscal distress is positively correlated with revenue concentration and debt usage, and negatively correlated with administrative costs and entity resources. We develop a model that can predict the likelihood of fiscal distress and correctly classify up to 86 percent of the sampled governments. The model enables users to analyze the impact of a change in the risk factors. Fiscal distress can be reduced most effectively by increasing tax revenues as a percent of total revenues or decreasing total debt as a percent of total revenues.

Suggested Citation

  • John M. Trussel & Patricia A. Patrick, 2012. "A Survival Analysis of U.S. Municipalities in Fiscal Distress," International Journal of Public Administration, Taylor & Francis Journals, vol. 35(9), pages 620-633, July.
    • Handle: RePEc:taf:lpadxx:v:35:y:2012:i:9:p:620-633
    DOI: 10.1080/01900692.2012.661189
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01900692.2012.661189
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/01900692.2012.661189?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:lpadxx:v:35:y:2012:i:9:p:620-633. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/lpad .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.