This paper analyzes the factors that directly influence levels of debt in Spanish local governments. Specifically, the main objective is to find out the extent to which indebtedness is originated by controllable factors that public managers can influence, or whether it hinges on other variables...

Over the last few years, ther has been a devolutionary tendency in many developed and developing countries. In this article we propose a methodology to decompose whether the benefits in terms of effciency derived from transfers of powers from higher to municipal levels of government "the...

Over the last few years, there has been a devolutionary tendency in many developed and developing countries. In this paper we propose a methodology to decompose whether the benefits in terms of efficiency derived from transfers of powers from higher to municipal levels of government (the...