Determinants of local government deficit: evidence from Spanish municipalities

Understanding the determinants of fiscal deficits is justified by the fact that persistent deficits rapidly lead to the accumulation of public debt. Therefore, the aim of this paper is to analyze the factors that explained the fiscal deficits of Spanish municipalities in the period 2011–2020. The de...

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Bibliographic Details
Main Authors: Javier Cifuentes-Faura, Mihaela Simionescu, Beata Gavurova
Format: Article
Language:English
Published: Elsevier 2022-12-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844022036817