Public Sector Economics

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To what extent do fiscal spending rules affect budget composition?



Wildmer Daniel Gregori
Article   |   Year:  2018   |   Pages:  325 - 345   |   Volume:  42   |   Issue:  3
Received:  November 29, 2017   |   Accepted:  June 29, 2018   |   Published online:  September 3, 2018
Download citation        https://doi.org/10.3326/pse.42.3.5       


Figure 1
Italian municipalities’ consumption, investment and total spending as a percentage of GDP
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Table 1
Fiscal rules imposed by the Domestic Stability Pact on Italian municipalities
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Figure 2
Level of Consumption over Investment for municipalities under 5,000 inhabitants (Group A) and above (Group B)
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Table 2
Descriptive statistics. Budget items used in the analysis by group, average of the period 2004-2006 (euro per capita)
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Table 3
Effects of the Domestic Stability Pact on budget items
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Figure 3
Difference-in-discontinuities on consumption and investment spending, Case A (t1 and t2) and Case B (t2 and t3)
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Figure 4
Difference-in-discontinuities on wages, services, infrastructure and new debt, Case B (t2 and t3)
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Table 4
Effects of the Domestic Stability Pact on budget items, robustness analysis in Case B
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Figure 5
Density tests
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  September, 2018
III/2018
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