Dorn, Florian
Ineffective fiscal rules ? the effect of public sector accounting standards on budgets, efficiency, and accountability / Florian Dorn, Stefanie Gaebler & Felix Roesel .-- , 2021
Disponible también en formato electrónico.
International organizations have encouraged national governments to switch from traditional cash-based to business-like accrual accounting, on the presumption that long-run benefits may outweigh substantial implementation and operating costs. We use a quasi-experimental setting to evaluate whether changing public sector accounting standards is justified. Some local governments in the German federal state of Bavaria introduced accrual accounting while others retained cash-based accounting. Difference-in-differences and event-study results do not show that (capital) expenditures, public debt, voter turnout, or government efficiency developed differently after changes in accounting standards. Operating costs of administration, however, increase under accrual accounting.
IMPUESTOS
CONTABILIDAD PUBLICA
SECTOR PUBLICO
PRESUPUESTOS
SOSTENIBILIDAD FISCAL
Gaebler, Stefanie
Rösel, Felix
Public Choice 0048-5829v. 186, n. 3-4, March 2021, p. 387-412
Ineffective fiscal rules ? the effect of public sector accounting standards on budgets, efficiency, and accountability / Florian Dorn, Stefanie Gaebler & Felix Roesel .-- , 2021
Disponible también en formato electrónico.
International organizations have encouraged national governments to switch from traditional cash-based to business-like accrual accounting, on the presumption that long-run benefits may outweigh substantial implementation and operating costs. We use a quasi-experimental setting to evaluate whether changing public sector accounting standards is justified. Some local governments in the German federal state of Bavaria introduced accrual accounting while others retained cash-based accounting. Difference-in-differences and event-study results do not show that (capital) expenditures, public debt, voter turnout, or government efficiency developed differently after changes in accounting standards. Operating costs of administration, however, increase under accrual accounting.
IMPUESTOS
CONTABILIDAD PUBLICA
SECTOR PUBLICO
PRESUPUESTOS
SOSTENIBILIDAD FISCAL
Gaebler, Stefanie
Rösel, Felix
Public Choice 0048-5829v. 186, n. 3-4, March 2021, p. 387-412