Aray, Henry; Pacheco-Delgado, Janeth - In: Latin American economic review : LAER ; official … 32 (2023), pp. 1-58
spending by subnational governments in Ecuador. A theoretical model is proposed to support the empirical strategy. Data at … provincial level over the period 2001–2015 are used. The estimation results for the aggregation of subnational governments show … current spending. Results hold when using disaggregated data on provincial and local governments. Evidence on a structural …