Crain, W.; J. O’Roark - In: Economics of Governance 5 (2004) 2, pp. 167-186
Almost all American States have tried some form of performance-based budgeting, and this study examines the impact of this budget process innovation on state expenditures. Using panel data for 1970 through 1997 the findings indicate that performance-based budgeting curtails state spending per...