- Tytuł:
- Unconditional federal transfers and state government spending: The flypaper effect in Nigeria and South Africa
- Autorzy:
-
Isik, Abdurrahman
Golit, Peter D.
Terhemba Iorember, Paul - Powiązania:
- https://bibliotekanauki.pl/articles/23942799.pdf
- Data publikacji:
- 2023-11-10
- Wydawca:
- Fundacja Naukowa Instytut Współczesnych Finansów
- Tematy:
-
unconditional federal transfers
flypaper effect
state spending
two-step system
generalized method of moments
Nigeria
South Africa - Opis:
- The flypaper effect is undoubtedly among the most interesting concepts in subnational government spending behavior. This study is the first attempt to provide empirical evidence on the existence of the flypaper effect in the two largest economies in Sub-Saharan Africa: Nigeria and South Africa. Using the two-step system generalized method of moment’s estimator, our results show that the flypaper effect exists for both state and provincial governments in Nigeria and South Africa. Provincial governments in South Africa are found to be more responsive to positive changes in unconditional federal transfers than state governments in Nigeria. We therefore recommend sensitization on the receipt and disbursement of unconditional federal transfers. This will help reduce the illusion or information asymmetry about the use of unconditional federal transfers.
- Źródło:
-
Modern Finance; 2023, 1, 1; 99-115
2956-7742 - Pojawia się w:
- Modern Finance
- Dostawca treści:
- Biblioteka Nauki
Artykuł