Assessing the influence of socioeconomic drivers on Italian municipal financial destabilization

Capalbo, Emma; Grossi, Giuseppe

doi:10.1080/09540962.2014.887518

Cited by 25 publications

(13 citation statements)

References 19 publications

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“…In this regard, authors such as Capalbo and Grossi [49] found that an increase in GDP could lead to an increase in regional per capita income, increasing the capacity of the population to finance municipal services. This partnership would promote public revenues [50] and decreased debt [51], which would cause a positive effect on the finances of local governments.…”

Section: Research Questionsmentioning

confidence: 99%

Analyzing Forces to the Financial Contribution of Local Governments to Sustainable Development

et al. 2016

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In many countries, the economic crisis brought high volumes of deficit and debt in public entities, which jeopardized the ability of governments to continue providing public services and caused considerable imbalances of economic growth in different regions. In this context, from the recognition of the linkage between economic development and efficiency in public management, previous research indicates that local governments are called to play a key role in promoting sustainable development through environment, economic and social policies based on financial sustainability of the public services. This paper aims to identify influencing factors on the financial sustainability of local governments, as an indicator of their capacity to maintain the delivery of public services over time. Based on a sample of 139 Spanish municipalities with large population for the period 2006-2014, our findings reveal the influence of variables such as the unemployment rate by sector, the dependent population, the immigrant population and the level of education of the population, on the financial sustainability in local governments, providing new useful knowledge to managers, policymakers, researchers and others stakeholders interested in the sustainability of public services.

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Section: Research Questionsmentioning

confidence: 99%

Analyzing Forces to the Financial Contribution of Local Governments to Sustainable Development

et al. 2016

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“…The positive impact was proven by, among others, Brusca et al [114], Navarro-Galera et al [115]. On the other hand, Allers et al [116], Ashworth et al [117], Wang et al [118], Capalbo and Grossi [119] proved that an increase in the number of population increases disparities between the inflow of budgetary funds and implementation of the expenditure policy.…”

Section: Discussionmentioning

confidence: 94%

Role of Local Investments in Creating Rural Development in Poland

2021

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Poland’s rural areas are characterised by a significant degree of development diversity, especially in the case of communes—the smallest territorial units. For development to take place, the entity responsible for its creation must incur the necessary investment expenditures. By implementing the public tasks assigned to them, communes are responsible for ensuring sustainable local development, which indirectly affects regional development and shapes the development of the entire country. Therefore, this article aims to assess the level and diversity of rural commune investment activities and their impact on the development of Poland’s rural areas. The empirical research conducted was aimed at verifying the following hypothesis: “The highest investment activity can be observed primarily in rural communes located in Eastern Poland”. The Regions of Eastern Poland are characterised by their peripheral location, both in the country and all of the EU. The research covered the 2007–2018 period due to a particular increase in local investment projects thanks to such factors as obtaining EU funding, as well as others. The research included one- and multidimensional analyses of the phenomenon examined with the use of the TOPSIS method to obtain the value of the synthetic measure of the rural commune investment activity level. The designated investment activity classes were the basis for the analysis of their links with their location within the macroregion, as well as their socio-economic status. The research has shown that the most pro-investment municipalities are located primarily in the Southern and Eastern Macroregions while those spending the least on investment projects are situated in the North-Western and Northern Macroregions. Thus, the research hypothesis put forth in the article has been confirmed. This delimitation is due to additional state resources being provided to the less developed eastern areas of Poland. Citizens living in these regions can not only take advantage of the funding provided as part of the Regional Operational Programmes, but also the Eastern Poland Programme dedicated to helping them.

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“…These variables are usually included in prior research of disasters (Reeves ). Economic and demographic variables are also included because prior studies of governments’ financial conditions find that these variables are important determinants (Capalbo and Grossi ; Jones and Walker ; Warner ). Political influence is included as a control because financial management decisions are likely to be influenced by the political environment.…”

Section: Methods Variables and Datamentioning

confidence: 99%

Assessing the Financial Impact of Natural Disasters on Local Governments

Chen¹

2019

Public Budgeting & Finance

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In recent decades, the increase in the frequency and the severity of natural disasters has posed growing challenges to governments’ disaster response activities. Disasters can have a considerable financial impact on local governments, but this impact has not been systematically analyzed. This study assesses disaster impact using 17 years of panel data (between 1996 and 2012) from the city and county governments in New York state. The research examines many aspects of local governments’ financial conditions, including liquidity, fund balance, and debt. It tests whether governments’ financial conditions are affected by disasters and whether fiscal institutions moderate disasters’ impacts. The results show that a local government's unreserved fund balance and disaster reserve significantly affect its financial condition, while financial condition indicators are not significantly impacted by natural disasters when the fiscal institution variables are controlled.

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Assessing the influence of socioeconomic drivers on Italian municipal financial destabilization

Cited by 25 publications

References 19 publications

Analyzing Forces to the Financial Contribution of Local Governments to Sustainable Development

Analyzing Forces to the Financial Contribution of Local Governments to Sustainable Development

Role of Local Investments in Creating Rural Development in Poland

Assessing the Financial Impact of Natural Disasters on Local Governments

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