메뉴 건너뛰기




Volumn 15, Issue 3, 2008, Pages 297-315

Political fragmentation and projected tax revenues: Evidence from Flemish municipalities

Author keywords

Flemish municipalities; Forecast accuracy; Government fragmentation; Local taxation; Revenue projections

Indexed keywords


EID: 40149101718     PISSN: 09275940     EISSN: 15736970     Source Type: Journal    
DOI: 10.1007/s10797-007-9021-4     Document Type: Article
Times cited : (55)

References (58)
  • 1
    • 40149087003 scopus 로고    scopus 로고
    • De kiezers delen de kaarten uit, de partijen spelen ermee....
    • VUBPress Brussels
    • Ackaert, J. (1996). De kiezers delen de kaarten uit, de partijen spelen ermee.... In J. Buelens, & K. Deschouwer (Eds.), De dorpsstraat is de wetstraat niet (pp. 49-74). Brussels: VUBPress.
    • (1996) De Dorpsstraat Is de Wetstraat Niet , pp. 49-74
    • Ackaert, J.1    Buelens, J.2    Deschouwer, K.3
  • 3
    • 78049260738 scopus 로고
    • The economic consequences of cognitive dissonance
    • 3
    • Akerlof, G.A., & Dickens, W.T. (1982). The economic consequences of cognitive dissonance. American Economic Review, 72(3), 307-319.
    • (1982) American Economic Review , vol.72 , pp. 307-319
    • Akerlof, G.A.1    Dickens, W.T.2
  • 4
  • 5
    • 84916228748 scopus 로고
    • A positive theory of fiscal deficits and government debt
    • Alesina, A., & Tabellini, G. (1990). A positive theory of fiscal deficits and government debt. Review of Economic Studies, 57, 403-414.
    • (1990) Review of Economic Studies , vol.57 , pp. 403-414
    • Alesina, A.1    Tabellini, G.2
  • 6
    • 23744478635 scopus 로고    scopus 로고
    • Tax mimicking and yardstick competition among local governments in the Netherlands
    • 4
    • Allers, M.A., & Elhorst, J.P. (2005). Tax mimicking and yardstick competition among local governments in the Netherlands. International Tax and Public Finance, 12(4), 493-513.
    • (2005) International Tax and Public Finance , vol.12 , pp. 493-513
    • Allers, M.A.1    Elhorst, J.P.2
  • 7
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
    • Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58, 277-297.
    • (1991) Review of Economic Studies , vol.58 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 8
    • 58149364940 scopus 로고
    • Another look at the instrumental variable estimation of error-components models
    • Arellano, M., & Bover, O. (1995). Another look at the instrumental variable estimation of error-components models. Journal of Econometrics, 68, 29-51.
    • (1995) Journal of Econometrics , vol.68 , pp. 29-51
    • Arellano, M.1    Bover, O.2
  • 9
    • 22444443658 scopus 로고    scopus 로고
    • Government fragmentation and budgetary policy in "good" and "bad" times in Flemish municipalities
    • 2
    • Ashworth, J., & Heyndels, B. (2005). Government fragmentation and budgetary policy in "good" and "bad" times in Flemish municipalities. Economics and Politics, 17(2), 245-263.
    • (2005) Economics and Politics , vol.17 , pp. 245-263
    • Ashworth, J.1    Heyndels, B.2
  • 10
    • 23744443777 scopus 로고    scopus 로고
    • Government weakness and local public debt development in Flemish municipalities
    • 4
    • Ashworth, J., Geys, B., & Heyndels, B. (2005). Government weakness and local public debt development in Flemish municipalities. International Tax and Public Finance, 12(4), 395-422.
    • (2005) International Tax and Public Finance , vol.12 , pp. 395-422
    • Ashworth, J.1    Geys, B.2    Heyndels, B.3
  • 11
    • 30744459203 scopus 로고    scopus 로고
    • Determinants of tax innovation: The case of environmental taxes in Flemish municipalities
    • 1
    • Ashworth, J., Geys, B., & Heyndels, B. (2006). Determinants of tax innovation: the case of environmental taxes in Flemish municipalities. European Journal of Political Economy, 22(1), 223-247.
    • (2006) European Journal of Political Economy , vol.22 , pp. 223-247
    • Ashworth, J.1    Geys, B.2    Heyndels, B.3
  • 12
    • 0347115458 scopus 로고
    • Tax projections and the budget: Lessons from the 1980's
    • 2
    • Auerbach, A.J. (1995). Tax projections and the budget: lessons from the 1980's. American Economic Review, 85(2), 165-169.
    • (1995) American Economic Review , vol.85 , pp. 165-169
    • Auerbach, A.J.1
  • 13
    • 0007034686 scopus 로고    scopus 로고
    • On the performance and use of government revenue forecasts
    • 4
    • Auerbach, A.J. (1999). On the performance and use of government revenue forecasts. National Tax Journal, 52(4), 767-782.
    • (1999) National Tax Journal , vol.52 , pp. 767-782
    • Auerbach, A.J.1
  • 15
    • 40149087001 scopus 로고    scopus 로고
    • Tax projections in German states-manipulated by opportunistic incumbent parties?
    • Paper presented Berlin, April 2004
    • Bischoff, I. (2004). Tax projections in German states-manipulated by opportunistic incumbent parties? Paper presented at the annual EPCS conference, Berlin, April 2004.
    • (2004) Annual EPCS Conference
    • Bischoff, I.1
  • 16
    • 0001438979 scopus 로고    scopus 로고
    • Initial conditions and moment restrictions in dynamic panel data models
    • Blundell, R., & Bond, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics, 87, 115-143.
    • (1998) Journal of Econometrics , vol.87 , pp. 115-143
    • Blundell, R.1    Bond, S.2
  • 17
    • 17844410949 scopus 로고    scopus 로고
    • Strong politicians, small deficits: Evidence from Norwegian local governments
    • 2
    • Borge, L.-E. (2005). Strong politicians, small deficits: evidence from Norwegian local governments. European Journal of Political Economy, 21(2), 325-344.
    • (2005) European Journal of Political Economy , vol.21 , pp. 325-344
    • Borge, L.-E.1
  • 19
    • 38249025537 scopus 로고
    • Political and organizational influences on the accuracy of forecasting state government revenues
    • Bretschneider, S.I., Gorr, W.L., Grizzle, G., & Klay, E. (1989). Political and organizational influences on the accuracy of forecasting state government revenues. International Journal of Forecasting, 5, 307-319.
    • (1989) International Journal of Forecasting , vol.5 , pp. 307-319
    • Bretschneider, S.I.1    Gorr, W.L.2    Grizzle, G.3    Klay, E.4
  • 20
    • 33750490942 scopus 로고    scopus 로고
    • De Belgische gemeenteraadsverkiezingen en de nationale partijpolitiek
    • 2. nr. 216
    • Buelens, J., & Deschouwer, K. (2001). De Belgische gemeenteraadsverkiezingen en de nationale partijpolitiek. Tijdschrift van Dexia Bank, 55(2), 19-28, nr. 216.
    • (2001) Tijdschrift Van Dexia Bank , vol.55 , pp. 19-28
    • Buelens, J.1    Deschouwer, K.2
  • 22
    • 38249026096 scopus 로고
    • An empirical examination of bias in revenue forecasts by state governments
    • Cassidy, G., Kamlet, M.S., & Nagin, D.S. (1989). An empirical examination of bias in revenue forecasts by state governments. International Journal of Forecasting, 5, 321-331.
    • (1989) International Journal of Forecasting , vol.5 , pp. 321-331
    • Cassidy, G.1    Kamlet, M.S.2    Nagin, D.S.3
  • 23
    • 13844319406 scopus 로고    scopus 로고
    • The impact of institutional change on forecast accuracy: A case study of budget forecasting in Washington State
    • Deschamps, E. (2004). The impact of institutional change on forecast accuracy: a case study of budget forecasting in Washington State. International Journal of Forecasting, 20, 647-657.
    • (2004) International Journal of Forecasting , vol.20 , pp. 647-657
    • Deschamps, E.1
  • 24
    • 0036013274 scopus 로고    scopus 로고
    • International diversification and analysts' forecast accuracy and bias
    • 2
    • Duru, A., & Reeb, D.M. (2002). International diversification and analysts' forecast accuracy and bias. Accounting Review, 77(2), 415-433.
    • (2002) Accounting Review , vol.77 , pp. 415-433
    • Duru, A.1    Reeb, D.M.2
  • 26
    • 24944570164 scopus 로고    scopus 로고
    • Is there a connection between the tax administration and the political power?
    • 5
    • Esteller-Moré, A. (2005). Is there a connection between the tax administration and the political power? International Tax and Public Finance, 12(5), 639-663.
    • (2005) International Tax and Public Finance , vol.12 , pp. 639-663
    • Esteller-Moré, A.1
  • 27
    • 38649128729 scopus 로고    scopus 로고
    • Government weakness and local public debt cycles: Evidence from Flemish municipalities
    • 2
    • Geys, B. (2007). Government weakness and local public debt cycles: evidence from Flemish municipalities. Local Government Studies, 33(2), 239-253.
    • (2007) Local Government Studies , vol.33 , pp. 239-253
    • Geys, B.1
  • 29
    • 79958816448 scopus 로고
    • Economic and political foundations of tax structure
    • 4
    • Hettich, W., & Winer, S. (1988). Economic and political foundations of tax structure. American Economic Review, 78(4), 701-712.
    • (1988) American Economic Review , vol.78 , pp. 701-712
    • Hettich, W.1    Winer, S.2
  • 30
    • 21844486873 scopus 로고
    • Tax enforcement: A public choice perspective
    • Hunter, W.J., & Nelson, M.A. (1995). Tax enforcement: a public choice perspective. Public Choice, 82, 53-67.
    • (1995) Public Choice , vol.82 , pp. 53-67
    • Hunter, W.J.1    Nelson, M.A.2
  • 32
    • 84928438037 scopus 로고
    • Corporatism and consensus democracy in eighteen countries: Conceptual and empirical linkages
    • Lijphart, A., & Crepaz, M.M.L. (1991). Corporatism and consensus democracy in eighteen countries: conceptual and empirical linkages. British Journal of Political Science, 21, 235-256.
    • (1991) British Journal of Political Science , vol.21 , pp. 235-256
    • Lijphart, A.1    Crepaz, M.M.L.2
  • 33
    • 34249774862 scopus 로고    scopus 로고
    • When are stabilizations delayed? Alesina-Drazen revisited
    • forthcoming
    • Martinelli, C., & Escorza, R. (2007). When are stabilizations delayed? Alesina-Drazen revisited. European Economic Review, forthcoming.
    • (2007) European Economic Review
    • Martinelli, C.1    Escorza, R.2
  • 34
    • 0002690699 scopus 로고
    • Taxation with costly administration
    • 1
    • Mayshar, J. (1991). Taxation with costly administration. Scandinavian Journal of Economics, 93(1), 75-88.
    • (1991) Scandinavian Journal of Economics , vol.93 , pp. 75-88
    • Mayshar, J.1
  • 35
    • 0040734936 scopus 로고
    • Forecasting federal budget deficits: How reliable are US Congressional budget office projections?
    • Miller, S.M. (1991). Forecasting federal budget deficits: how reliable are US Congressional budget office projections? Applied Economics, 23, 1789-1799.
    • (1991) Applied Economics , vol.23 , pp. 1789-1799
    • Miller, S.M.1
  • 36
    • 0011657480 scopus 로고
    • Accuracy and rationality of state general fund revenue forecast: Evidence from panel data
    • Mocan, H.N., & Azad, S. (1995). Accuracy and rationality of state general fund revenue forecast: evidence from panel data. International Journal of Forecasting, 11, 417-427.
    • (1995) International Journal of Forecasting , vol.11 , pp. 417-427
    • Mocan, H.N.1    Azad, S.2
  • 38
    • 23844482171 scopus 로고    scopus 로고
    • Political manoeuvrings as sources of measurement errors in forecasts
    • Paleologou, S.-M. (2005). Political manoeuvrings as sources of measurement errors in forecasts. Journal of Forecasting, 24, 311-324.
    • (2005) Journal of Forecasting , vol.24 , pp. 311-324
    • Paleologou, S.-M.1
  • 40
    • 84959824318 scopus 로고
    • Why a stubborn conservative would run a deficit: Policy with time-inconsistent preferences
    • 2
    • Persson, T., & Svensson, L.E.O. (1989). Why a stubborn conservative would run a deficit: policy with time-inconsistent preferences. Quarterly Journal of Economics, 104(2), 325-345.
    • (1989) Quarterly Journal of Economics , vol.104 , pp. 325-345
    • Persson, T.1    Svensson, L.E.O.2
  • 41
    • 0034961602 scopus 로고    scopus 로고
    • An empirical investigation of the strategic use of debt
    • 3
    • Petterson-Lidbom, P. (2001). An empirical investigation of the strategic use of debt. Journal of Political Economy, 109(3), 570-583.
    • (2001) Journal of Political Economy , vol.109 , pp. 570-583
    • Petterson-Lidbom, P.1
  • 42
    • 0040591804 scopus 로고
    • The accuracy of government forecasts and budget projections
    • 4
    • Plesko, G.A. (1988). The accuracy of government forecasts and budget projections. National Tax Journal, 41(4), 483-501.
    • (1988) National Tax Journal , vol.41 , pp. 483-501
    • Plesko, G.A.1
  • 43
    • 0000206660 scopus 로고
    • State responses to fiscal crises: The effects of budgetary institutions and politics
    • 4
    • Poterba, J.M. (1994). State responses to fiscal crises: the effects of budgetary institutions and politics. Journal of Political Economy, 102(4), 799-821.
    • (1994) Journal of Political Economy , vol.102 , pp. 799-821
    • Poterba, J.M.1
  • 44
    • 0001441246 scopus 로고
    • Balanced budget rules and fiscal policy: Evidence from the States
    • 3
    • Poterba, J.M. (1995). Balanced budget rules and fiscal policy: evidence from the States. National Tax Journal, 48(3), 329-336.
    • (1995) National Tax Journal , vol.48 , pp. 329-336
    • Poterba, J.M.1
  • 45
    • 85045006873 scopus 로고    scopus 로고
    • Assessing local government revenue forecasting techniques
    • 8&9
    • Reddick, C.G. (2004). Assessing local government revenue forecasting techniques. International Journal of Public Administration, 27(8&9), 597-613.
    • (2004) International Journal of Public Administration , vol.27 , pp. 597-613
    • Reddick, C.G.1
  • 46
    • 3843093969 scopus 로고    scopus 로고
    • Political fragmentation and fiscal outcomes
    • Ricciuti, R. (2004). Political fragmentation and fiscal outcomes. Public Choice, 118, 365-388.
    • (2004) Public Choice , vol.118 , pp. 365-388
    • Ricciuti, R.1
  • 47
    • 0024484766 scopus 로고
    • Government spending and budget deficits in the industrial countries
    • Roubini, N., & Sachs, J. (1989a). Government spending and budget deficits in the industrial countries. Economic Policy, 8, 99-132.
    • (1989) Economic Policy , vol.8 , pp. 99-132
    • Roubini, N.1    Sachs, J.2
  • 48
    • 0010543423 scopus 로고
    • Political and economic determinants of budget deficits in the industrial economies
    • Roubini, N., & Sachs, J. (1989b). Political and economic determinants of budget deficits in the industrial economies. European Economic Review, 33, 903-938.
    • (1989) European Economic Review , vol.33 , pp. 903-938
    • Roubini, N.1    Sachs, J.2
  • 49
    • 0039285557 scopus 로고
    • Estimated and actual urban revenues: Exploring the gap
    • Rubin, S.I. (1987). Estimated and actual urban revenues: exploring the gap. Public Budgeting & Finance, 7, 83-94.
    • (1987) Public Budgeting & Finance , vol.7 , pp. 83-94
    • Rubin, S.I.1
  • 50
    • 29144536027 scopus 로고    scopus 로고
    • Breaking budgets: An empirical examination of Danish municipalities
    • 4
    • Serritzlew, S. (2005). Breaking budgets: an empirical examination of Danish municipalities. Financial Accountability & Management, 21(4), 413-435.
    • (2005) Financial Accountability & Management , vol.21 , pp. 413-435
    • Serritzlew, S.1
  • 51
    • 38249026688 scopus 로고
    • The politics of state revenue forecasting in Ohio, 1984-1987: A case study and research implications
    • Shkurti, W.J., & Winfordner, D. (1989). The politics of state revenue forecasting in Ohio, 1984-1987: a case study and research implications. International Journal of Forecasting, 5, 361-371.
    • (1989) International Journal of Forecasting , vol.5 , pp. 361-371
    • Shkurti, W.J.1    Winfordner, D.2
  • 54
    • 33750905876 scopus 로고    scopus 로고
    • Budgetary procedures and deficits in Norwegian local governments
    • 1
    • Tovmo, P. (2007). Budgetary procedures and deficits in Norwegian local governments. Economics of Governance, 8(1), 37-49.
    • (2007) Economics of Governance , vol.8 , pp. 37-49
    • Tovmo, P.1
  • 55
    • 85044891973 scopus 로고    scopus 로고
    • More is better: Consensual forecasting and state revenue forecast error
    • Voorhees, W.R. (2004). More is better: consensual forecasting and state revenue forecast error. International Journal of Public Administration, 27, 651-671.
    • (2004) International Journal of Public Administration , vol.27 , pp. 651-671
    • Voorhees, W.R.1
  • 56
    • 0035729665 scopus 로고    scopus 로고
    • Fragmented government effects on fiscal policy: New evidence
    • Volkerink, B., & de Haan, J. (2001). Fragmented government effects on fiscal policy: new evidence. Public Choice, 109, 221-242.
    • (2001) Public Choice , vol.109 , pp. 221-242
    • Volkerink, B.1    De Haan, J.2
  • 57
    • 10444289824 scopus 로고    scopus 로고
    • A finite sample correction for the variance of linear efficient two-step GMM estimators
    • Windmeijer, F. (2005). A finite sample correction for the variance of linear efficient two-step GMM estimators. Journal of Econometrics, 126, 25-51.
    • (2005) Journal of Econometrics , vol.126 , pp. 25-51
    • Windmeijer, F.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.