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Essays on Public Economics and Spati...

Mainali, Raju.

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Essays on Public Economics and Spatial Econometrics.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Essays on Public Economics and Spatial Econometrics./
作者:	Mainali, Raju.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2019,
面頁冊數:	81 p.
附註:	Source: Dissertations Abstracts International, Volume: 81-05, Section: A.
Contained By:	Dissertations Abstracts International81-05A.
標題:	Economics. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=22589273
ISBN:	9781088372685

Essays on Public Economics and Spatial Econometrics.
Mainali, Raju.

Essays on Public Economics and Spatial Econometrics. - Ann Arbor : ProQuest Dissertations & Theses, 2019 - 81 p.

Source: Dissertations Abstracts International, Volume: 81-05, Section: A.

Thesis (Ph.D.)--University of Nevada, Reno, 2019.

This item must not be sold to any third party vendors.

The primary purpose of this study is to investigate the spatial interdependence of fiscal variables (budget balance, tax revenue, and public expenditure) and the spillover effect of conflict on the level of local jurisdictions. The first study provides an empirical investigation of fiscal interactions in the context of a developing country. I examined three fiscal components-budget balance, tax revenue, and public spending to measure spatial interactions between Colombian municipalities from 2000 to 2010. I used a quasi-experimental identification strategy exploiting exogenous variation from the global oil price shocks that affect the Colombian municipalities to different degrees depending on local oil endowments. I found that there is a significant spatial interaction in taxes, but no significant interaction concerning budget balance and total public spending. This suggests that even though there is local tax competition, municipalities do not mimic their neighbors in the decision whether to offset tax changes by changes in borrowing or spending.The second study examines how the conflict in Colombia responded to a fiscal decentralization reform in 2001 using municipal-level data for Colombia. While there is a rich literature on the economic drivers and impacts of conflicts, the literature that examines the relationship between fiscal decentralization and conflicts are relatively small. The study is contributing to the literature by examining this relationship at the local (municipal) level, which has not been explored widely or conclusively in other studies. This study also addresses spatial dependence among municipalities. This is important because it is likely that conflict and other economic variables lead to spillovers that impact municipalities in close proximity. We employ spatial econometric techniques, particularly Spatial Durbin model, to account for spatial dependence in the data. The preliminary results showed a decrease in conflict in response to the decentralization reform but the exact response varies by conflict region. Oil reserves in some municipalities seemed to have played a role in the conflict outcomes as well.The third study examines how cluster size affects the testing performance greatly. The standard asymptotic theory requires the identical size of the clusters. Carter, Schnepel, and Steigerwald (2017) relaxed this assumption and analyzed the effects of the cluster heterogeneity on testing performance. This study extended the results to the panel data (i, t) and showed that the temporal serial correlation has a critical effect on the cluster-robust testing. The optimal clustering parameter can be obtained using a simulation-based approach and it depends on the cluster heterogeneity and the relative sizes of i and t.

ISBN: 9781088372685Subjects--Topical Terms:

517137
Economics.
Subjects--Index Terms:

Cluster Robust

Essays on Public Economics and Spatial Econometrics.
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020 $a 9781088372685
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100 1 $a Mainali, Raju. $3 3543005
245 1 0 $a Essays on Public Economics and Spatial Econometrics.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2019
300 $a 81 p.
500 $a Source: Dissertations Abstracts International, Volume: 81-05, Section: A.
500 $a Advisor: Tosun, Mehmet S.
502 $a Thesis (Ph.D.)--University of Nevada, Reno, 2019.
506 $a This item must not be sold to any third party vendors.
506 $a This item must not be added to any third party search indexes.
520 $a The primary purpose of this study is to investigate the spatial interdependence of fiscal variables (budget balance, tax revenue, and public expenditure) and the spillover effect of conflict on the level of local jurisdictions. The first study provides an empirical investigation of fiscal interactions in the context of a developing country. I examined three fiscal components-budget balance, tax revenue, and public spending to measure spatial interactions between Colombian municipalities from 2000 to 2010. I used a quasi-experimental identification strategy exploiting exogenous variation from the global oil price shocks that affect the Colombian municipalities to different degrees depending on local oil endowments. I found that there is a significant spatial interaction in taxes, but no significant interaction concerning budget balance and total public spending. This suggests that even though there is local tax competition, municipalities do not mimic their neighbors in the decision whether to offset tax changes by changes in borrowing or spending.The second study examines how the conflict in Colombia responded to a fiscal decentralization reform in 2001 using municipal-level data for Colombia. While there is a rich literature on the economic drivers and impacts of conflicts, the literature that examines the relationship between fiscal decentralization and conflicts are relatively small. The study is contributing to the literature by examining this relationship at the local (municipal) level, which has not been explored widely or conclusively in other studies. This study also addresses spatial dependence among municipalities. This is important because it is likely that conflict and other economic variables lead to spillovers that impact municipalities in close proximity. We employ spatial econometric techniques, particularly Spatial Durbin model, to account for spatial dependence in the data. The preliminary results showed a decrease in conflict in response to the decentralization reform but the exact response varies by conflict region. Oil reserves in some municipalities seemed to have played a role in the conflict outcomes as well.The third study examines how cluster size affects the testing performance greatly. The standard asymptotic theory requires the identical size of the clusters. Carter, Schnepel, and Steigerwald (2017) relaxed this assumption and analyzed the effects of the cluster heterogeneity on testing performance. This study extended the results to the panel data (i, t) and showed that the temporal serial correlation has a critical effect on the cluster-robust testing. The optimal clustering parameter can be obtained using a simulation-based approach and it depends on the cluster heterogeneity and the relative sizes of i and t.
590 $a School code: 0139.
650 4 $a Economics. $3 517137
650 4 $a Public policy. $3 532803
650 4 $a Economic theory. $3 1556984
650 4 $a Public administration. $3 531287
653 $a Cluster Robust
653 $a Colombian Municipalities
653 $a Conflict
653 $a Fiscal decentralization
653 $a Fiscal interaction
653 $a Fixed-b Asymptotics
690 $a 0501
690 $a 0630
690 $a 0511
690 $a 0617
710 2 $a University of Nevada, Reno. $b Economics. $3 1028039
773 0 $t Dissertations Abstracts International $g 81-05A.
790 $a 0139
791 $a Ph.D.
792 $a 2019
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=22589273