Problems of Soft Budget Constraints in Intergovernmental Relationships: The Case of Italy

2000 ◽  
Author(s):  
Massimo Bordignon
Keyword(s):  
Budget Constraints ◽  
Soft Budget Constraints ◽  
Intergovernmental Relationships

scholarly journals Size, spillovers and soft budget constraints

2012 ◽  
Vol 20 (2) ◽  
pp. 338-356 ◽  
Author(s):  
Ernesto Crivelli ◽  
Klaas Staal
Keyword(s):  
Budget Constraints ◽  
Soft Budget Constraints

scholarly journals Determinants of firm-level technical efficiency: evidence using stochastic frontier approach

2008 ◽  
Vol 5 (3) ◽  
pp. 225-239 ◽  
Author(s):  
Evis Sinani ◽  
Derek C. Jones ◽  
Niels Mygind
Keyword(s):  
Technical Efficiency ◽  
Firm Size ◽  
Stochastic Frontier ◽  
Returns To Scale ◽  
Budget Constraints ◽  
Stochastic Frontiers ◽  
Firm Level ◽  
Soft Budget Constraints ◽  
Labor Quality ◽  
Enhance Efficiency

By estimating stochastic frontiers we investigate the determinants and dynamics of firm efficiency. We use a representative sample of Estonian firms for the period 1993-1999 – and are able to address problems that plague much previous work, such as the endogeneity of ownership. Our main findings are that: (i) foreign ownership increases technical efficiency; (ii) firm size and higher labor quality enhance efficiency, while soft budget constraints adversely affect efficiency; (iv) Estonian firms operate under constants returns to scale; (v) the percentage of firms operating at high levels of efficiency increases over time. As such our findings provide support for hypotheses that a firm’s ownership structure and its characteristics such as firm size, labor quality, soft budget constraints and time of privatization are important for its technical efficiency.

scholarly journals Determinants of soft budget constraints: How public debt affects hospital performance in Austria

2020 ◽  
Vol 249 ◽  
pp. 112855 ◽  
Author(s):  
Michael Berger ◽  
Margit Sommersguter-Reichmann ◽  
Thomas Czypionka
Keyword(s):  
Public Debt ◽  
Hospital Performance ◽  
Budget Constraints ◽  
Soft Budget Constraints
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