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Do good institutions improve fiscal transparency?

Listed author(s):
  • Nicoló Andreula

    (McKinsey & Company)

  • Alberto Chong

    ()

    (Georgia State University
    Universidad del Pacifico)

Abstract We study the role of institutional quality on the fiscal transparency of a country. We show that such a link does exist even when controlling for endogeneity. Our findings are robust to changes in specification and a host of transparency sub-measures. An advantage of our study is that we use new data on fiscal transparency for a cross-section of 82 countries, which are based on in-depth reports based on a standardized methodology and protocol. Furthermore, the fiscal measures were obtained with the collaboration of government authorities, which makes them particularly reliable.

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File URL: http://link.springer.com/10.1007/s10101-015-0175-8
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Article provided by Springer in its journal Economics of Governance.

Volume (Year): 17 (2016)
Issue (Month): 3 (August)
Pages: 241-263

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Handle: RePEc:spr:ecogov:v:17:y:2016:i:3:d:10.1007_s10101-015-0175-8
DOI: 10.1007/s10101-015-0175-8
Contact details of provider: Web page: http://www.springer.com

Order Information: Web: http://www.springer.com/economics/journal/10101/PS2

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  1. Yongseok Shin & Rachel Glennerster, 2003. "Is Transparency Good for You, and Can the IMF Help?," IMF Working Papers 03/132, International Monetary Fund.
  2. Assar Lindbeck & Jörgen Weibull, 1987. "Balanced-budget redistribution as the outcome of political competition," Public Choice, Springer, vol. 52(3), pages 273-297, January.
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  7. La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei & Vishny, Robert, 1999. "The Quality of Government," Journal of Law, Economics and Organization, Oxford University Press, vol. 15(1), pages 222-279, April.
  8. Philippe Aghion & Alberto Alesina & Francesco Trebbi, 2004. "Endogenous Political Institutions," The Quarterly Journal of Economics, Oxford University Press, vol. 119(2), pages 565-611.
  9. Milesi-Ferretti, Gian Maria, 2004. "Good, bad or ugly? On the effects of fiscal rules with creative accounting," Journal of Public Economics, Elsevier, vol. 88(1-2), pages 377-394, January.
  10. F. Andrew Hanssen, 2004. "Is There a Politically Optimal Level of Judicial Independence?," American Economic Review, American Economic Association, vol. 94(3), pages 712-729, June.
  11. World Bank, 2007. "World Development Indicators 2007," World Bank Publications, The World Bank, number 8150.
  12. George Kopits & J. D. Craig, 1998. "Transparency in Government Operations," IMF Occasional Papers 158, International Monetary Fund.
  13. James E. Alt & David Dreyer Lassen & Shanna Rose, 2006. "The Causes of Fiscal Transparency: Evidence from the American States," EPRU Working Paper Series 06-02, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
  14. Murray Petrie, 2003. "Promoting Fiscal Transparency the Complementary Roles of the Imf, Financial Markets and Civil Society," IMF Working Papers 03/199, International Monetary Fund.
  15. repec:hrv:faseco:30747160 is not listed on IDEAS
  16. International Monetary Fund, 2005. "Fiscal Transparency and Economic Outcomes," IMF Working Papers 05/225, International Monetary Fund.
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