The impact of political and non-political officials on the financial management of local governments

Resce, Giuliano

doi:10.1016/j.jpolmod.2022.08.004

Cited by 4 publications

(3 citation statements)

References 74 publications

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“…Varian ( 2016 ) suggested that counterfactual building is essentially a predictive task for which ML is very well suited. Early literature with empirical applications using ML in a counterfactual setting has appeared (Abrell et al, 2019 ; Benatia & Gingras, 2022 ; Burlig et al, 2020 ; Cerqua & Letta, 2022 ; Cerqua et al, 2021 ; Resce, 2022 ; Souza, 2019 ). Abrell et al ( 2019 ), Burlig et al ( 2020 ) and Souza ( 2019 ) are in the energy economics field.…”

Section: Introductionmentioning

confidence: 99%

“…Souza ( 2019 ) can rely on an original control group. Resce ( 2022 ) combines a difference-in-difference strategy with ML methods for counterfactual analysis, but limits the use of ML to assign observations to the treated or untreated group. Benatia and Gingras ( 2022 ), Cerqua et al ( 2021 ) and Cerqua and Letta ( 2022 ) investigate the effects of the COVID-19 crisis and, as in our case, cannot rely on a control group as everyone was affected by the pandemic.…”

Section: Introductionmentioning

confidence: 99%

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Does Automatic Wage Indexation Destroy Jobs? A Machine Learning Approach

2023

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This paper analyzes the impact of automatic wage indexation on employment. To boost competitiveness and increase employment, Belgium suspended its automatic wage indexation system in 2015. This resulted in a 2% fall in real wages for all workers. In the absence of a suitable control group, we use machine learning for the counterfactual analysis. We artificially construct the control group for a difference-in-difference analysis based on the pre-treatment evolution of treated firms. We find a positive impact on employment of 1.2%, which corresponds to a labor demand elasticity of − 0.6. This effect is more pronounced for manufacturing firms, where the elasticity reaches − 1. These results show that a suspension of the automatic wage indexation mechanism can be effective in preserving employment.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Does Automatic Wage Indexation Destroy Jobs? A Machine Learning Approach

2023

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“…Regional autonomy gives freedom to local governments to manage finances, develop and explore potential local resources contained in the area (Bordignon et al, 2020;Lin & Zhou, 2022;Resce, 2022). The management of local resource is given without interference from the central government (Ji et al, 2022;Xin & Qian, 2022).…”

Section: Introductionmentioning

confidence: 99%

The financial performance of ternate city’s government: Analysis before and during the pandemic covid-19

Abdullah

Zamzam

Suwito

2022

Econ. Bus. Account. Soc. Rev

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This study aims to analyze the Financial Performance of the Ternate City Government in the period before and during the Covid-19 pandemic. The method used in this research is a comparative descriptive method with a quantitative approach. The results of the study show that 1) The level of regional financial independence ratio does not change the level of regional financial independence before and during the Covid-19 Pandemic; 2) The level of PAD effectiveness ratio does not change the effectiveness ratio of Ternate City's original income for the period before and during the Pandemic. Covid-19; 3) The level of regional expenditure efficiency ratio there is no change in the level of regional financial efficiency of Ternate City before and during the Covid-19 Pandemic; 4) The level of regional financial growth ratio there is a decrease in regional financial growth during the covid-19 pandemic; 5 There is no change in the level of compatibility of spending in the Ternate City area before and during the Covid-19 Pandemic.

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Political favouritism and inefficient management: Policy-makers’ birth town bias in EU quality certifications

Resce,

Vaquero-Piñeiro

2024

Journal of Policy Modeling

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The impact of political and non-political officials on the financial management of local governments

Cited by 4 publications

References 74 publications

Does Automatic Wage Indexation Destroy Jobs? A Machine Learning Approach

Does Automatic Wage Indexation Destroy Jobs? A Machine Learning Approach

The financial performance of ternate city’s government: Analysis before and during the pandemic covid-19

Political favouritism and inefficient management: Policy-makers’ birth town bias in EU quality certifications

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