Showing 1 - 10 of 27
This study analyzes the links between efficiency and the decentralization of competencies among Spanish local … municipalities were conferred on more competencies. In addition, the likely efficiency gains from enhanceddecentralization increase …
Persistent link: https://www.econbiz.de/10005812818
based on linearprogramming approaches for efficiency measurement. We provide an application to Spanishmunicipalities, which …
Persistent link: https://www.econbiz.de/10008602625
This article analyzes the efficiency of Comunitat Valenciana (Spain) local governments and their main explanatory … variables. The analysis is performed in two stages. Firstly, efficiency is measured via (nonparametric) activity analysis … primarily overall cost, technical, or allocative. The second stage identifies some critical determinants of efficiency, focusing …
Persistent link: https://www.econbiz.de/10005212533
Over the last few years, many studies have analyzed the productive efficiency of local governments in different … analysis in which the efficiency of municipalities is evaluated after splitting them into clusters according to various … results show that both output mix and, more especially, environmental conditions, should be controlled for, since efficiency …
Persistent link: https://www.econbiz.de/10008602624
During the years of crisis, Spain’s autonomous communities have experienced a significant general increase in their deficits and, until 2012, have had severe difficulties to control them. Their debts have grown strongly and are considered the most worrying element of Spain’s public finance...
Persistent link: https://www.econbiz.de/10010860693
The new Spanish autonomous communities (AACC) financing system deepensin stability, co-responsibility and financial integration concepts. The resources that itdistributes are bigger than 90% of the total of the AACC consolidated budgets. Thisdocument approach the new system's configuration, it...
Persistent link: https://www.econbiz.de/10005731112
This paper studies fiscal federalism when voter information varies across regions. We develop a model of political agency with heterogeneously informed voters. Rent-seeking politicians provide public goods to win the votes of the informed. As a result, rent extraction is lower in regions with...
Persistent link: https://www.econbiz.de/10010643278
Our analysis yields some conclusions about the political role of regions in the formation of supranational economic areas, which turns out to be quite different from the role of nations. The claim that regions have more incentives than nations to attain a fiscal agreement implying full economic...
Persistent link: https://www.econbiz.de/10005731426
the efficiency and credit risk. The first of this aspects is based on the incentive to the banks to reduce cost in order … analyzed the effects of competition on the efficiency of banking systems without considering these aspects. The few studies … that attempt to obtainrisk adjusted efficiency measures do not consider that part of the risk is due to exogenous …
Persistent link: https://www.econbiz.de/10005212537
Hypothesis testing and statistical precision in the context of nonparametric efficiency and productivity measurement … noticeable in the case of banking efficiency studies, where the literature is immense. In this paper, we explore productivity … growth and productive efficiency for Spanish savings banks over the (initial) post-deregulation period 1992?1998 using Data …
Persistent link: https://www.econbiz.de/10005212541