Fiscal Rules, Corruption, and Electoral Accountability


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Date

2025-07

Publication Type

Journal Article

ETH Bibliography

no

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Abstract

As corruption mostly takes place through the misuse of public spending, it is crucial to understand how policies limitingthe spending capacity of local governments may affect corruption. We study the extension of fiscal rules to small Italianmunicipalities. First, we find a decrease in both corruption charges and corruption charges per euro spent. This effectemerges only in areas in which fiscal rules put a binding cap on municipal capital expenditures. Second, the reduction incorruption is linked to accountability incentives, as it emerges mostly in preelectoral years and for reeligible mayors. Third,we do not find any meaningful impact on local public goods or living standards. Overall, our findings suggest that fiscal rulestogether with electoral incentives might reduce rent-seeking through lower public spending without depressing local welfare.

Publication status

published

Editor

Book title

Volume

87 (3)

Pages / Article No.

857 - 871

Publisher

University of Chicago Press

Event

Edition / version

Methods

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Geographic location

Date collected

Date created

Subject

Corruption; Accountability; Fiscal Rules; Rent Seeking; Local Politics

Organisational unit

03988 - Köthenbürger, Marko / Köthenbürger, Marko check_circle

Notes

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