Budget referendums and government spending: evidence from Swiss cantons

被引：109
|
作者：
Feld, LP
Matsusaka, JG [1 ]
机构：
[1] Univ So Calif, Marshall Sch Business, Los Angeles, CA 90089 USA
[2] Univ Marburg, Marburg, Germany
[3] Univ St Gallen, St Gallen, Switzerland
来源：
JOURNAL OF PUBLIC ECONOMICS | 2003年 / 87卷 / 12期
关键词：
D O I：
10.1016/S0047-2727(02)00140-8
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
in many Swiss cantons, new government programs must be approved by a referendum of citizens before money can be spent. Referendums seem like a natural way to address citizen-legislator agency problems, yet statistical evidence on how referendums affect spending decisions is almost nonexistent. We estimate regressions for Swiss cantons using panel data from 1980 to 1998 and find that mandatory referendums reduced government spending by 19% for the median canton after controlling for demographics and other determinants of spending. (C) 2002 Elsevier B.V. All rights reserved.
引用
收藏
页码：2703 / 2724
页数：22
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