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Il Patto di Stabilit? Interno per i Comuni: una valutazione con i certificati dei conti consuntivi

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  • Carmela Brugnano
  • Chiara Rapallini

Abstract

While the Central Government is responsible for the European Stability and Growth Pact, internal coordination among different layers of government is crucial to comply with the European obligation. In this paper the Italian Domestic Stability Pact (DSP) on local authorities is evaluated in terms of its effects on the public sector borrowing requirement from 1999 to 2005. A new data base is used to verify yearly and for each local authority the respect of the Italian DSP. More precisely, the fiscal rule is calculated on official budget data for the whole sample of local authorities tied. The results supply evidence for reconsidering the structure of the DSP in terms of binding fiscal rule, adjustment of structural local budget deficits and international compliance.

Suggested Citation

  • Carmela Brugnano & Chiara Rapallini, 2009. "Il Patto di Stabilit? Interno per i Comuni: una valutazione con i certificati dei conti consuntivi," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 0(1-2), pages 57-89.
  • Handle: RePEc:fan:epepep:v:html10.3280/ep2009-001003
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    Cited by:

    1. Picchio, Matteo & Santolini, Raffaella, 2020. "Fiscal rules and budget forecast errors of Italian municipalities," European Journal of Political Economy, Elsevier, vol. 64(C).
    2. Patrizia Lattarulo, "undated". "The novelties contained in 2017 Budget Law," Studi e approfondimenti 3, Istituto Regionale per la Programmazione Economica della Toscana.
    3. Wildmer Daniel Gregori, 2018. "To what extent do fiscal spending rules affect budget composition?," Public Sector Economics, Institute of Public Finance, vol. 42(3), pages 325-345.
    4. W. D. Gregori, 2014. "Fiscal Rules and Public Spending: Evidence from Italian Municipalities," Working Papers wp923, Dipartimento Scienze Economiche, Universita' di Bologna.

    More about this item

    JEL classification:

    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue

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