Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/193740
Authors: 
Cabaleiro Casal, Roberto
Buch Gómez, Enrique J.
Vaamonde Liste, Antonio
Year of Publication: 
2014
Citation: 
[Journal:] Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE) [ISSN:] 1135-2523 [Volume:] 20 [Year:] 2014 [Issue:] 3 [Pages:] 110-121
Abstract: 
In contrast to several studies presented in the literature which analyze how different political elements affect specific aspects of financial management of public institutions, we have investigated from a comprehensive perspective how various political factors influence the financial situation of the municipalities. To do this, we use diverse multivariate techniques, the concept of financial condition and a large sample of Spanish municipalities. By isolating the electoral cycle and analyzing the essence of political factors, our main findings are that conservative and progressive parties do not present different behavior in relation to any of the financial dimensions. The territoriality of political parties influences the relationship between fund transfers received by the municipalities and certain expenses and investments. Furthermore, we did not detect that, in Spain, a partisan alignment exists between municipalities and the upper-level institutions.
Subjects: 
Local governments
Public finance
Public administration
Political parties
JEL: 
H70
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc-nd/3.0/
Document Type: 
Article
Social Media Mentions:

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.