Browsing by Subject "Councils"
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- PublicationOpen AccessDeterminantes del periodo medio de pago municipal y eficacia del principio de sostenibilidad de la deuda comercial(Universidad de Murcia, Servicio de Publicaciones, 2021) Olmo, Jorge; Brusca, IsabelLas medidas implantadas para mejorar la liquidez de los municipios españoles y el principio de sostenibilidad de la deuda comercial ponen de manifiesto la importancia de controlar la morosidad pública. En este contexto, este trabajo comprueba el efecto de la regla fiscal que controla los plazos de pago y si el entorno político, socioeconómico y presupuestario incide en el periodo de pago de los ayuntamientos españoles. Para ello, se realiza un análisis exploratorio y se aplica la metodología de datos de panel (2009-2015). Los resultados contribuyen a demostrar la eficacia del control del periodo de pago y evidenciar los factores de riesgo en la situación financiera a corto plazo
- PublicationOpen AccessThe importance of spatial effects in municipal debt(2019) Balaguer Coll, Maria Teresa; Ivanova Toneva, MariyaThis article analyses the debt of local governments taking into account the presence of spatial interactionsamong neighbouring municipalities. To this end, the S2SLS and Spatial lag models were applied to a sampleof 527 municipalities located in the Valencian Community (Spain) for the year 2015. The main results reveala spatial correlation in outstanding debt among municipalities. The gender of the mayor, the grants andtransfers received and the average payment period have direct effects on outstanding debt. In turn, the netsavings index, inactive population, local income and the strength of the ruling political party have indirecteffects on the municipal debt and indirect spatial effects on the debt of the neighbouring municipalities.
- PublicationOpen AccessWomen mayors and management of spanish councils: an empirical analysis(2017) Hernández Nicolás, Carmen María; Martín Ugedo, Juan Francisco; Mínguez Vera, Antonio; Organización de Empresas y Finanzas; Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y FinanzasThis paper analyzes the relationship between the gender of mayors in Spanish local government and different budget items. It uses a sample of local budgets for 8,112 town councils between 2002 and 2010, totaling 64,361 observations. The Spanish context is characterized by decentralization of public responsibility to a greater extent than in neighboring countries, feeding the debate on the operational efficiency of local government and the importance of gender in public management. Results show that councils with women mayors have lower annual interest and debt repayment obligations and have higher expenditure on security, protection, and social promotion. Thus, the presence of women in politics may serve to improve councils’ economic situations, which is necessary not only for social justice but also for economic efficiency. In addition, in councils with more inhabitants, women mayors are more common, but women are less likely to occupy the office for longer periods.