IDEAS home Printed from https://ideas.repec.org/p/ays/ispwps/paper1102.html
   My bibliography  Save this paper

Budget Transparency in Local Governments: An Empirical Analysis

Author

Listed:
  • José Caamaño-Alegre

    (University of Santiago de Compostela)

  • Santiago Lago-Peñas

    (REDE, IEB and University of Vigo)

  • Francisco Reyes-Santias

    (University of Vigo)

  • Aurora Santiago-Boubeta

    (Municipality of Pontevedra)

Abstract

The aim of this paper is to shed additional light on the determinants of budget transparency in local governments. Our work is based on a Likert-type survey questionnaire specifically designed to measure budget transparency in small municipalities. The questionnaire is based on the IMF’s revised Code of Good Practices on Fiscal Transparency (2007). Results from 33 Galician municipalities are used to assess its internal consistency and to test a battery of hypotheses on the determinants of budget transparency. While several previous findings of the literature are confirmed, some new results are also obtained.

Suggested Citation

  • José Caamaño-Alegre & Santiago Lago-Peñas & Francisco Reyes-Santias & Aurora Santiago-Boubeta, 2011. "Budget Transparency in Local Governments: An Empirical Analysis," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1102, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    • Handle: RePEc:ays:ispwps:paper1102
    as

    Download full text from publisher

    File URL: http://icepp.gsu.edu/files/2015/03/ispwp1102.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Xavier de Luna & Per Johansson, 2008. "Graphical diagnostics of endogeneity," Advances in Econometrics, in: Modelling and Evaluating Treatment Effects in Econometrics, pages 147-166, Emerald Group Publishing Limited.
    2. Alt, James E. & Lassen, David Dreyer, 2006. "Fiscal transparency, political parties, and debt in OECD countries," European Economic Review, Elsevier, vol. 50(6), pages 1403-1439, August.
    3. Asger Lau Andersen & Lasse Holbøll Westh Nielsen, 2010. "Fiscal Transparency and Procyclical Fiscal Policy," EPRU Working Paper Series 2010-01, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    4. Papke, Leslie E & Wooldridge, Jeffrey M, 1996. "Econometric Methods for Fractional Response Variables with an Application to 401(K) Plan Participation Rates," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(6), pages 619-632, Nov.-Dec..
    5. Alesina, Alberto & Angeletos, George-Marios, 2005. "Corruption, inequality, and fairness," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1227-1244, October.
    6. F. Andrew Hanssen, 2004. "Is There a Politically Optimal Level of Judicial Independence?," American Economic Review, American Economic Association, vol. 94(3), pages 712-729, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mara Andreea SÎNTEJUDEANU & Teodora Viorica FARCAS & Adriana TIRON TUDOR, 2014. "Public Sector Transparency:A Conceptual Dissection," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 365-372, July.
    2. Tamara Guerrero-Gómez & Andrés Navarro-Galera & David Ortiz-Rodríguez, 2021. "Promoting Online Transparency to Help Achieve the Sustainable Development Goals: An Empirical Study of Local Governments in Latin America," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    3. Susana Iglesias-Antelo & Vicente López-López & Antonio Vázquez-Sanmartín, 2021. "Assessing the Influence of Strategic Resources on the Quality of Life in Spanish Cities," Sustainability, MDPI, vol. 13(23), pages 1-19, November.
    4. Maria Pache Durán & María Teresa Nevado Gil & Triana Arias Abelaira & Ángel Sabino Mirón Sanguino, 2024. "Informative Transparency on Entrepreneurship by Spanish Local Governments," Sustainability, MDPI, vol. 16(6), pages 1-15, March.
    5. Aleksandr Grigoryan & Knar Khachatryan, 2018. "Remittances and Emigration Intentions: Evidence from Armenia," CERGE-EI Working Papers wp626, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    6. repec:ehu:rdadme:11417 is not listed on IDEAS
    7. Paulo Reis Mourao & Mihaela Bronić & Branko Stanić, 2020. "Discussing the determinants of online budget transparency based on a spatial regression analysis of Croatian cities and municipalities: Do good neighbours make you better?," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 23(3), pages 268-287, September.
    8. Cañizares-Espada Manuela & Muñoz-Colomina Clara Isabel & Pérez-Estébanez Raquel & Urquía-Grande Elena, 2021. "Transparency and Accessibility in Municipalities: The Case of Social Services in Spain," Central European Journal of Public Policy, Sciendo, vol. 15(1), pages 31-54, June.
    9. Daniel Albalate del Sol, 2013. "The institutional, economic and social determinants of local government transparency," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 16(1), pages 90-107, March.
    10. Ioannidis, Panos, 2015. "Από Τον Καποδίστρια Στον Καλλικράτη: Θεσμικές Μεταρρυθμίσεις Της Τοπικής Αυτοδιοίκησης Και Συνεργατικές Στρατηγικές Στην Ανατολική Μακεδονία Και Θράκη [From Kapodistrias to Kallikrates: Local Gover," MPRA Paper 66614, University Library of Munich, Germany.
    11. B. Buylen & J. Christiaens, 2013. "Politics by numbers? An exploration of councillors’ apparent use of financial information during the budget discussion in Flemish municipal councils," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 13/841, Ghent University, Faculty of Economics and Business Administration.
    12. Marzanzius Arvan Ohy & Wilson Bogar & Marthinus Mandagi, 2021. "The Effect of Regional Original Income and general allocation funds on Regional Expenditures on South Bolaang Mongondow Regency," Technium Social Sciences Journal, Technium Science, vol. 21(1), pages 39-48, July.
    13. Andrés Navarro-Galera & Francisco José Alcaraz-Quiles & David Ortiz-Rodriguez, 2018. "Enhancing Sustainability Transparency in Local Governments—An Empirical Research in Europe," Sustainability, MDPI, vol. 10(7), pages 1-22, June.
    14. Pintea Mirela-Oana & Achim Sorin Adrian & Lacatus Viorel, 2013. "Transparency Of Local Budgets In The North-West Region Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 931-941, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pintea Mirela-Oana & Achim Sorin Adrian & Lacatus Viorel, 2013. "Transparency Of Local Budgets In The North-West Region Of Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 931-941, July.
    2. Heidi Jane Smith & Isabel Melguizo, 2019. "Over indebted Subnational Mexico: Does political polarization affect debt policy decisions?," Working Paper Series Sobre México 2019001, Sobre México. Temas en economía.
    3. Yves M. Tehou TEKENG & Mesbah Fathy SHARAF, 2015. "Fiscal Transparency, Measurement and Determinants: Evidence from 27 Developing Countries," Journal of Economics and Political Economy, KSP Journals, vol. 2(1), pages 69-91, March.
    4. Jinsuk Yang & Qing Hao & Mahmut Yaşar, 2023. "Institutional investors and cross‐border mergers and acquisitions: The 2000–2018 period," International Review of Finance, International Review of Finance Ltd., vol. 23(3), pages 553-583, September.
    5. Alexander Klein & Karl Gunnar Persson & Paul Sharp, 2023. "Populism and the first wave of globalization: Evidence from the 1892 US presidential election," Rivista di storia economica, Società editrice il Mulino, issue 2, pages 163-202.
    6. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    7. Giuliani, Elisa & Martinelli, Arianna & Rabellotti, Roberta, 2016. "Is Co-Invention Expediting Technological Catch Up? A Study of Collaboration between Emerging Country Firms and EU Inventors," World Development, Elsevier, vol. 77(C), pages 192-205.
    8. Matthias Schmid & Florian Wickler & Kelly O Maloney & Richard Mitchell & Nora Fenske & Andreas Mayr, 2013. "Boosted Beta Regression," PLOS ONE, Public Library of Science, vol. 8(4), pages 1-15, April.
    9. Nguimkeu, Pierre & Zeufack, Albert, 2024. "Manufacturing in structural change in Africa," World Development, Elsevier, vol. 177(C).
    10. Christophe Hurlin & Jérémy Leymarie & Antoine Patin, 2018. "Loss functions for LGD model comparison," Working Papers halshs-01516147, HAL.
    11. Antonio Andres & Carlyn Ramlogan-Dobson, 2011. "Is Corruption Really Bad for Inequality? Evidence from Latin America," Journal of Development Studies, Taylor & Francis Journals, vol. 47(7), pages 959-976.
    12. Blackburn, McKinley L. & Vermilyea, Todd, 2012. "The prevalence and impact of misstated incomes on mortgage loan applications," Journal of Housing Economics, Elsevier, vol. 21(2), pages 151-168.
    13. Qiuxia Yang, 2020. "Fiscal Transparency and Public Service Quality Association: Evidence from 12 Coastal Provinces and Cities of China," JRFM, MDPI, vol. 14(1), pages 1-14, December.
    14. de Rassenfosse, Gaétan, 2013. "Do firms face a trade-off between the quantity and the quality of their inventions?," Research Policy, Elsevier, vol. 42(5), pages 1072-1079.
    15. Mazen Hassan & Sarah Mansour & Stefan Voigt & May Gadallah, 2022. "When Syria was in Egypt’s land: Egyptians cooperate with Syrians, but less with each other," Public Choice, Springer, vol. 191(3), pages 337-362, June.
    16. Qun Bao & Jiuli Huang & Yanling Wang, 2015. "Productivity and Firms’ Sales Destination: Chinese Characteristics," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 620-637, August.
    17. Alessandro Barattieri & Matteo Cacciatore, 2023. "Self-Harming Trade Policy? Protectionism and Production Networks," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(2), pages 97-128, April.
    18. Meyer, Ina & Kaniovski, Serguei & Scheffran, Jürgen, 2012. "Scenarios for regional passenger car fleets and their CO2 emissions," Energy Policy, Elsevier, vol. 41(C), pages 66-74.
    19. Ingo Geishecker & Philipp J. H. Schröder & Allan S⊘rensen, 2019. "One‐off export events," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 93-131, February.
    20. Dawson Chris & Veliziotis Michail & Hopkins Benjamin, 2014. "Assimilation of the migrant work ethic," Working Papers 20141407, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.

    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:ays:ispwps:paper1102. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Paul Benson (email available below). General contact details of provider: https://edirc.repec.org/data/ispgsus.html .

    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.