000 02553nab a2200265 c 4500
999 _c144575
_d144575
003 ES-MaIEF
005 20210830123132.0
007 ta
008 210830t2021 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _963290
_aPurón Cid, Gabriel
245 4 _aThe effects of corruption of public officials on the dimensions of financial sustainability of state governments in Mexico
_c Gabriel Purón-Cid
260 _c2021
500 _aResumen.
504 _aBibliografía.
520 _aOne of the most concerning types of corruption of public officials is the one associated with budgeting and financial management in government. This type of corruption represents a structural phenomenon that influences governments' financial sustainability (FS); in other words, corruption impacts the government's capability to consistently meet its financial obligations while continuing to provide public services and infrastructure. A traditional venue of research examines the effects of corruption on economic performance and fiscal conditions of governments. Recent efforts have been dedicated to exploring the effects of corruption of public officials on the size and allocation of public spending and debt. The present investigation contributes to this recent body of the literature by analyzing to what extent corruption of public officials influences the dimensions of FS of state governments in Mexico. FS is a framework to assess how governments meet their financial obligations using different ratios and indicators in five dimensions: cash solvency, budget solvency, long-term solvency, service-level solvency for revenues, and the service-level solvency for expenses. For this analysis, techniques of a dynamic panel of generalized method of moments are used to examine a dataset of 30 state governments in Mexico using census governmental data for the period 2011–2016. The results are conclusive for some dimensions of FS and not conclusive for others, but in general the analysis confirms the influence of corruption of public officials in some of the hypothesized directions of these FS dimensions. Several policy implications are also discussed.
650 4 _948131
_aPRESUPUESTOS
650 4 _950201
_aHACIENDA PUBLICA
650 4 _944649
_aFUNCIONARIOS
650 4 _941326
_aCORRUPCION
650 4 _aSOSTENIBILIDAD FISCAL
_965441
650 4 _aMEXICO
_947495
773 0 _9165580
_oOP 1716/2021/2
_tPublic Budgeting and Finance
_w(IEF)90019
_x 0275-1100
_gv. 41, n. 2, Summer 2021, p. 65-88
942 _cART