Explaining local governments' cost efficiency: Controllable and uncontrollable factors
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Show full item recordcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
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https://doi.org/10.1016/j.cities.2020.102665 |
Metadata
Title
Explaining local governments' cost efficiency: Controllable and uncontrollable factorsAuthor (s)
Date
2020-05Publisher
ElsevierISSN
0264-2751Type
info:eu-repo/semantics/articlePublisher version
https://www.sciencedirect.com/science/article/pii/S0264275119312442Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
Efficient and effective management of public resources is essential at all levels of government. This issue has gained momentum due to the strains that affected public sector finances after the onset of the 2007/08 ... [+]
Efficient and effective management of public resources is essential at all levels of government. This issue has gained momentum due to the strains that affected public sector finances after the onset of the 2007/08 crisis in many countries, particularly in Europe. In this article, we evaluate the influence of environmental variables that affect local government efficiency in one European country, Spain, during the crisis years (2009–2015). To this end, and considering the possible influence of both controllable and uncontrollable factors, we use an approach that is able to analyse their impact across the conditional distribution of performance, and which controls for the (likely) existence of endogeneity among regressors. Results show an asymmetry in the determinants of performance since the role played by some variables depends largely on the conditional distribution of efficiency. Results are robust not only because of the instrumental variables quantile regression approach considered, but also due to the variety of models specified to measure municipalities' performance as well as the diversity of covariates. [-]
Is part of
Cities, 2020, vol. 100Investigation project
Ministerio de Economía y Competitividad: ECO2017-88241-R and ECO2017-85746-;, Generalitat Valenciana: PROMETEO/2018/102; Universitat Jaume I: UJI-B2017-33 and UJI-B2017-14Rights
Copyright © Elsevier B.V.
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- IIDL_Articles [125]
- COFIN_Articles [218]