Economic and Politico-Institutional Variables Applied to the Anlysis of Subnational Public Spending in Argentina

Revista de Economía y Estadistica

Asociación Cooperadora de la Facultad de Ciencias Económicas

Lugar: Córdoba; Año: 2009 vol. 46 p. 69 - 69

0034-8066

p>Using a panel data with fixed effects for the period 1993-2004, we aim at ascertaining whether the participation of public expenditure categories in total public spending of Argentine provinces was influenced by economic, fiscal and politico-institutional variables,such as provinces´ political sign; possibility of reelection of the executive branch; provisions limiting public spending, public debt or restrictions to the use of credit; and the structure of the legislative bodies. While estimated coefficients for  fiscal effort, financial sufficiency, and public debt were significantly different from zero, results fell short of being conclusive for the other variables, except for categorical variables standing for limits on spending and credit use.