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題名 Party alternation and fiscal performance—evidence from Taiwan’s local government
作者 黃智聰
Huang, Jr-Tsung
Chang, Ming-Lei
Lin, Authur Jin
Chang, Yu-Chien
貢獻者 財政系
關鍵詞 Fiscal deficit ;  party alternation ;  spatial panel econometric model ;  Taiwan
日期 2023-07
上傳時間 12-Jan-2022 11:00:34 (UTC+8)
摘要 This study aims to explore whether party alternation in local mayoral elections might have any influence on the local fiscal deficit in each of the four years after such elections take place in Taiwan. The results of five local mayoral elections for the 21 counties/cities in 1989, 1993, 1997, 2001 and 2005, respectively, as well as three indicators of the fiscal deficit for the 21 counties and cities from 1990 to 2009 are employed to estimate the spatial econometric model. The primary finding of this study is that after using instrument variable to conquer the endogeneity problem, party alternation making counties to have new mayors of new ruling parties cannot mitigate the fiscal deficit in any years after the election, instead will tend to aggravate the local fiscal deficit in the third and fourth years after the election that is consistent with the theory of political budget cycle.
關聯 Journal of Asia Pacific Economy, Vol.28, No.3, pp.1007-1028
資料類型 article
DOI https://doi.org/10.1080/13547860.2021.1961667
dc.contributor 財政系-
dc.creator (作者) 黃智聰-
dc.creator (作者) Huang, Jr-Tsung-
dc.creator (作者) Chang, Ming-Lei-
dc.creator (作者) Lin, Authur Jin-
dc.creator (作者) Chang, Yu-Chien-
dc.date (日期) 2023-07-
dc.date.accessioned 12-Jan-2022 11:00:34 (UTC+8)-
dc.date.available 12-Jan-2022 11:00:34 (UTC+8)-
dc.date.issued (上傳時間) 12-Jan-2022 11:00:34 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/138770-
dc.description.abstract (摘要) This study aims to explore whether party alternation in local mayoral elections might have any influence on the local fiscal deficit in each of the four years after such elections take place in Taiwan. The results of five local mayoral elections for the 21 counties/cities in 1989, 1993, 1997, 2001 and 2005, respectively, as well as three indicators of the fiscal deficit for the 21 counties and cities from 1990 to 2009 are employed to estimate the spatial econometric model. The primary finding of this study is that after using instrument variable to conquer the endogeneity problem, party alternation making counties to have new mayors of new ruling parties cannot mitigate the fiscal deficit in any years after the election, instead will tend to aggravate the local fiscal deficit in the third and fourth years after the election that is consistent with the theory of political budget cycle.-
dc.format.extent 1781350 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Asia Pacific Economy, Vol.28, No.3, pp.1007-1028-
dc.subject (關鍵詞) Fiscal deficit ;  party alternation ;  spatial panel econometric model ;  Taiwan-
dc.title (題名) Party alternation and fiscal performance—evidence from Taiwan’s local government-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1080/13547860.2021.1961667-
dc.doi.uri (DOI) https://doi.org/10.1080/13547860.2021.1961667-