Operaciones fuera de presupuesto (off budget), factores políticos y deuda municipal: Un estudio empírico aplicando una metodología de datos de panel

• Autores: Gemma Pérez López , Ana María Plata Díaz , José Luis Zafra Gómez , Antonio Manuel López Hernández
• Localización: Gestión y política pública, ISSN-e 2448-9182, ISSN 1405-1079, Vol. 23, Nº. 1, 2014, págs. 185-218
• Idioma: español
• Títulos paralelos:
  • Off-Budget Operations, Political Factors and Municipal Debt: An Empirical Study Using Panel Data Methodology
• Enlaces
  • Texto completo
• Dialnet Métricas: 6 Citas
• Resumen
  • español

    El intento de superar las restricciones al endeudamiento impuestas a los ayuntamientos lleva a los gestores públicos a la creación de entes instrumentales que permitan al ayuntamiento no computar en su presupuesto determinados niveles de deuda. El objetivo del presente trabajo es determinar si la creación de agencias, empresas públicas, consorcios o la externalización de servicios que tienen un alto costo para los ayuntamientos, junto con los aspectos políticos y financieros de la entidad, son factores que condicionan que el ayuntamiento presente un determinado nivel de deuda. Para ello, utilizando diferentes bases de datos, se estudia sobre un panel de 1 517 municipios para el periodo 2003-2008 cuáles de estos factores influyen sobre la deuda de los municipios españoles. Tras la aplicación de una metodología de datos de panel de efectos fijos, los resultados muestran que las variables financieras y la población influyen en el nivel de deuda del municipio, y que los ayuntamientos que presentan mayor número de externalizaciones y de participación en consorcios obtienen menor nivel de deuda.

  • English

    Attempts to overcome borrowing restrictions imposed on local authorities have led public managers to create instrumental entities by means of which certain levels of debt are not included in the municipal budget. The aim of the present study is to determine whether the creation of agencies, public enterprises or consortia, or the outsourcing of high-cost public services, together with relevant political and financial aspects, are relevant to local authority borrowing requirements. In this study, various databases are employed to construct a panel of 1 517 municipalities for the period 2003-2008 to determine which of these factors are most influential on municipal debt in Spain. The results obtained from the application of fixed-effects panel data methodology show that financial variables and population size influence municipal borrowing, and these authorities presenting a greater number of outsourcing operations and of consortia tend to have lower levels of debt.

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