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Assessing the influence of socioeconomic drivers on Italian municipal financial destabilization
University of Siena.
Kristianstad University, School of Health and Society, Avdelningen för Ekonomi. Kristianstad University, Research environment Governance, Regulation, Internationalization and Performance (GRIP.
2014 (English)In: Public Money & Management, ISSN 0954-0962, E-ISSN 1467-9302, Vol. 34, no 2, 107-114 p.Article in journal (Refereed) Published
Abstract [en]

The influence of external factors on local government finances, particularly bankruptcies, is much debated. This paper investigates the relationship between regional socioeconomic features and those Italian municipalities that have been declared ?financially destabilized? (i.e. bankrupt). Statistical evidence confirms that municipalities located in regions with particular socioeconomic features are less exposed to financial destabilization. An early model that attempts to predict local fiscal stress is presented.

Place, publisher, year, edition, pages
Routledge , 2014. Vol. 34, no 2, 107-114 p.
Keyword [en]
Financial destabilization, local fiscal stress, municipal bankruptcy, Probit model
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hkr:diva-11833DOI: 10.1080/09540962.2014.887518ISI: 000330693100005OAI: oai:DiVA.org:hkr-11833DiVA: diva2:703699
Available from: 2014-03-07 Created: 2014-03-07 Last updated: 2014-03-07Bibliographically approved

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Avdelningen för EkonomiResearch environment Governance, Regulation, Internationalization and Performance (GRIP
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf