| Author | dc.contributor.author | Letelier Saavedra, Leonardo | |
| Admission date | dc.date.accessioned | 2011-11-18T14:56:09Z | |
| Available date | dc.date.available | 2011-11-18T14:56:09Z | |
| Publication date | dc.date.issued | 2011-03 | |
| Cita de ítem | dc.identifier.citation | PUBLIC CHOICE Volume: 146 Issue: 3-4 Pages: 395-411 Published: MAR 2011 | es_CL |
| Identifier | dc.identifier.issn | 0048-5829 | |
| Identifier | dc.identifier.other | DOI: 10.1007/s11127-010-9596-7 | |
| Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/123460 | |
| General note | dc.description | Artículo de publicación ISI | es_CL |
| Abstract | dc.description.abstract | Although Chilean municipalities are not permitted to borrow, they do so through
arrears and leasing contracts. A formal model of municipal indebtedness is estimated, based
on a sample of 345 municipalities with yearly data from 2004 to 2007. Variables that are
positively and significantly related to borrowing through arrears are: mayors closely tied to
the ruling central government coalition; politically diverse municipal councils; years close
to elections; and deeper municipal involvement in education. While leasing contracts appear
to be insensitive to political factors, they are positively and significantly related to municipal
staff managerial skills and municipal revenues per capita. | es_CL |
| Lenguage | dc.language.iso | en | es_CL |
| Publisher | dc.publisher | Springer | es_CL |
| Keywords | dc.subject | Debt | es_CL |
| Título | dc.title | Theory and evidence of municipal borrowing in Chile | es_CL |
| Document type | dc.type | Artículo de revista | |
