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Modeling Fiscal Stress and Contracting Out in Local Government

The Influence of Time, Financial Condition, and the Great Recession

Datos Bibliográficos

ID11673308
AutoresAntonio Manuel López Hernández (0000-0001-5175-8848, Universidad de Granada), Antonio M López-Hernández (Universidad de Granada), José Luis Zafra Gómez (0000-0001-7191-6591, Universidad de Granada, autor de correspondencia), José L Zafra-Gómez (Universidad de Granada), Ana María Plata-Díaz (0000-0003-1689-7177, Universidad de Granada), Emilio José De La Higuera-Molina (0000-0003-3051-3555, Universidad de Granada)
Año2017
Volumen48
Número6
Páginas565-583
Fecha de publicación2017-04-19
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe American Review of Public Administration (JOURNAL)
Identificadores de la revistaISSN: 0275-0740 • E-ISSN: 1552-3357
EditorialSAGE Publishing (PUBLISHER • US)
DOI10.1177/0275074017699276
OpenAlexW2605591180
IdiomaEN
Citas recibidas14
Referencias citadas73

Various studies have analyzed the relationship between fiscal stress and contracting out, but have failed to achieve conclusive results. In this article, we take a broad view of fiscal stress, addressed in terms of financial condition and studied over a lengthy period (2000-2010). The relationship between fiscal stress and contracting out is studied using a dynamic model, based on survival analysis, a methodology that enables us to take into account the effect of time on this relationship. As this study period includes the years of the Great Recession (2008-2010), we also highlight the impact of this event on the fiscal stress–contracting out relation. The results obtained suggest that taking into account the passage of time and conducting a long-term assessment of financial condition enable a more precise understanding of this relation. We also find that the Great Recession reduced the probability of local governments’ contracting out public services

Economics · Financial crisis · Fiscal policy · Government (linguistics · Great recession · Labour economics · Local government · Macroeconomics · Monetary economics · Political science · Recession · Relation (database · Stress (linguistics · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance

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Obras citantes distintas14
Citas por año1,75
Intervalo de citas2018 - 2026 (9)
Velocidad de citacióncurrent
Altamente citadoNo
Tipos de citaNeutras: 14
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