1,331
Views
10
CrossRef citations to date
0
Altmetric
Research Article

Financial capacity and organizational stability in U.S. local governments

ORCID Icon, ORCID Icon & ORCID Icon

References

  • Andersen, S. C., and P. B. Mortensen. 2009. “Policy Stability and Organizational Performance: Is There a Relationship?” Journal of Public Administration Research and Theory 20 (1): 1–22. doi:https://doi.org/10.1093/jopart/mup005.
  • Andrews, R., and G. A. Boyne. 2010. “Capacity, Leadership, and Organizational Performance: Testing the Black Box Model of Public Management.” Public Administration Review 70 (3): 443–454. doi:https://doi.org/10.1111/j.1540-6210.2010.02158.x.
  • Andrews, R., G. A. Boyne, and G. Enticott. 2006. “Performance Failure in the Public Sector: Misfortune or Mismanagement?” Public Management Review 8 (2): 273–296.
  • Andrews, R., and G. A. Brewer. 2013. “Social Capital, Management Capacity and Public Service Performance.” Public Management Review 15 (1): 19–42. doi:https://doi.org/10.1080/14719037.2012.662445.
  • Bayoumi, T., and B. Eichengreen. 1995. “Restraining Yourself: The Implications of Fiscal Rules for Economic Stabilization.” Staff Papers (International Monetary Fund) 42 (1): 32–48.
  • Carroll, R. 2009. Risk Management Handbook for Health Care Organizations. Vol. 30. San Francisco, CA: John Wiley & Sons.
  • Certo, S. T., J. R. Busenbark, H. Woo, and M. Semadeni. 2016. “Sample Selection Bias and Heckman Models in Strategic Management Research.” Strategic Management Journal 37 (13): 2639–2657.
  • Chaney, B. A., P. A. Copley, and M. S. Stone. 2002. “The Effect of Fiscal Stress and Balanced Budget Requirements on the Funding and Measurement of State Pension Obligations.” Journal of Accounting and Public Policy 21 (4): 287–313. doi:https://doi.org/10.1016/S0278-4254(02)00064-9.
  • Coggburn, J. D., and S. K. Schneider. 2003a. “The Quality of Management and Government Performance: An Empirical Analysis of the American States.” Public Administration Review 63 (2): 206–213.
  • Coggburn, J. D., and S. K. Schneider. 2003b. “The Relationship between State Government Performance and State Quality of Life.” International Journal of Public Administration 26 (12): 1337–1354. doi:https://doi.org/10.1081/PAD–120024400.
  • Edgerton, J., A. F. Haughwout, and R. Rosen. 2004. “Institutions, Tax Structure and State-local Fiscal Stress.” National Tax Journal 57 (1): 147–158.
  • Fisher, R. C. 1985. “Statement before the Intergovernmental Relations and Human Resources Subcommittee of the Committee on Government Operations.” In US Congress, Federal and State Roles in Economic Stabilization—Hearings before a Subcommittee of the Committee on Government Operations, House of Representatives, Nov. and Dec. 1984, 101–107. Washington, DC: Government Printing Office.
  • Gamage, D. 2010. “Preventing State Budget Crises: Managing the Fiscal Volatility Problem.” California Law Review 98 (3): 749–812.
  • Goldberger, A. S. 1983. “Abnormal Selection Bias.” In Studies in Econometrics, Time Series, and Multivariate Statistics, 67–84. Cambridge, MA: Elsevier.
  • Gorina, E., C. Maher, and M. Joffe. 2018. “Local Fiscal Distress: Measurement and Prediction.” Public Budgeting & Finance 38 (1): 72–94. doi:https://doi.org/10.1111/pbaf.12165.
  • Hansen, B. E., and K. D. West. 2002. “Generalized Method of Moments and Macroeconomics.” Journal of Business and Economic Statistics 20 (4): 460–469.
  • Hendrick, R., and J. Crawford. 2014. “Municipal Fiscal Policy Space and Fiscal Structure: Tools for Managing Spending Volatility.” Public Budgeting & Finance 34 (3): 24–50. doi:https://doi.org/10.1111/pbaf.12042.
  • Honadle, B. W. 1981. “A Capacity-Building Framework: A Search for Concept and Purpose.” Public Administration Review 41 (5): 575–580. JSTOR. doi:https://doi.org/10.2307/976270.
  • Hou, Y. 2003. “What Stabilizes State General Fund Expenditures in Downturn years—Budget Stabilization Fund or General Fund Unreserved Undesignated Balance?” Public Budgeting & Finance 23 (3): 64–91.
  • Hou, Y., and D. P. Moynihan. 2008. “The Case for Countercyclical Fiscal Capacity.” Journal of Public Administration Research and Theory 18 (1): 139–159. doi:https://doi.org/10.1093/jopart/mum006.
  • Hou, Y., D. P. Moynihan, and P. W. Ingraham. 2003. “Capacity, Management, and Performance: Exploring the Links.” The American Review of Public Administration 33 (3): 295–315. doi:https://doi.org/10.1177/0275074003251651.
  • Ingraham, P. W., and A. K. Donahue. 2000. “Dissecting the Black Box Revisited: Characterizing Government Management Capacity.” In Governance and Performance: New Perspectives, edited by C. J. Heinrich and L. E. Lynn, 292–318. Washington, DC: Georgetown University Press.
  • Ingraham, P. W., P. G. Joyce, and A. K. Donahue. 2003. Government Performance: Why Management Matters. Baltimore, MD: Taylor & Francis.
  • Kim, Y., and L. C. Sorensen. 2019. “Caught in the Crunch: School District Financial Condition and Performance.” State and Local Government Review 51 (2): 104−112.
  • Kioko, S. N., J. Marlowe, D. S. Matkin, M. Moody, D. L. Smith, and Z. J. Zhao. 2011. “Why Public Financial Management Matters.” Journal of Public Administration Research and Theory 21 (suppl_1): i113–i124.
  • Krane, D., P. N. Rigos, and M. Hill. 2001. Home Rule in America: A Fifty‐State Handbook. Washington, DC: CQ Press.
  • Levine, H., J. B. Justice, and E. A. Scorsone. 2012. Handbook of Local Government Fiscal Health. Burlington, MA: Jones & Bartlett Publishers.
  • Levinson, A. 1998. “Balanced Budgets and Business Cycles: Evidence from the States.” National Tax Journal 51 (4): 715–732.
  • Liang, J., and D. J. Fiorino. 2013. “The Implications of Policy Stability for Renewable Energy Innovation in the United States, 1974–2009.” Policy Studies Journal 41 (1): 97–118. doi:https://doi.org/10.1111/psj.12004.
  • Maher, C. S., and K. Nollenberger. 2009. “Revisiting Kenneth Brown’s “10-point Test.”.” Government Finance Review 25 (5): 61–66.
  • Marlowe, J. 2005. “Fiscal Slack and Counter-Cyclical Expenditure Stabilization: A First Look at the Local Level.” Public Budgeting & Finance 25 (3): 48–72. doi:https://doi.org/10.1111/j.1540-5850.2005.00367.x.
  • Massey, J., and C. B. Tyer. 1990. “Local Government Fund Balances: How Much Is Enough.” The South Carolina Forum: A Review of Public Affairs in South Carolina 1: 40–46.
  • Meier, K. J., and L. J. O’Toole Jr. 2002. “Public Management and Organizational Performance: The Effect of Managerial Quality.” Journal of Policy Analysis and Management 21 (4): 629−643.
  • Meier, K. J., and L. J. O’Toole Jr. 2007. “Modeling Public Management: Empirical Analysis of the Management–performance Nexus.” Public Management Review 9 (4): 503–527.
  • Nordhaus, W. D. 1975. “The Political Business Cycle.” The Review of Economic Studies 42 (2): 169–190.
  • O’Hara, N. 2012. The Fundamentals of Municipal Bonds. Hoboken, NJ: Wiley.
  • O’Toole, L. J., Jr, and K. J. Meier. 1999. “Modeling the Impact of Public Management: Implications of Structural Context.” Journal of Public Administration Research and Theory 9 (4): 505–526.
  • O’Toole, L. J., and K. J. Meier. 2003. “Plus Ça Change: Public Management, Personnel Stability, and Organizational Performance.” Journal of Public Administration Research and Theory: J-PART 13 (1): 43–64. JSTOR.
  • Oates, W. E. 1972. Fiscal Federalism. New York: Books.
  • Provan, K. G., and H. B. Milward. 1995. “A Preliminary Theory of Interorganizational Network Effectiveness: A Comparative Study of Four Community Mental Health Systems.” Administrative Science Quarterly 40 (1): 1–33. JSTOR. doi:https://doi.org/10.2307/2393698.
  • Rafuse, R. W. 1965. “Cyclical Behavior of State-local Finances.” Essays in Fiscal Federalism 3: 63.
  • Roodman, D. 2009. “How to Do Xtabond2: An Introduction to Difference and System GMM in Stata.” The Stata Journal 9 (1): 86–136.
  • Rubin, M. M., and K. Willoughby. 2009. “Financial Management Grades for the States: A Prospective Use.” Public Budgeting & Finance 29 (1): 49–67. doi:https://doi.org/10.1111/j.1540-5850.2009.00923.x.
  • Schick, A. 1988. “Micro-Budgetary Adaptations to Fiscal Stress in Industrialized Democracies.” Public Administration Review 48 (1): 523−533. doi:https://doi.org/10.2307/975515.
  • Snow, D., G. A. Gianakis, and J. Haughton. 2015. “The Politics of Local Government Stabilization Funds.” Public Administration Review 75 (2): 304–314. doi:https://doi.org/10.1111/puar.12317.
  • Staiger, D., and J. H. Stock. 1997. “Instrumental Variables Regression with Weak Instruments.” Econometrica 65 (3): 557–586.
  • Stewart, L. S. M. 2009. “Examining Factors that Impact Mississippi Counties’ Unreserved Fund Balance during Relative Resource Abundance and Relative Resource Scarcity.” Public Budgeting & Finance 29 (4): 45–73. doi:https://doi.org/10.1111/j.1540-5850.2009.00942.x.
  • Stewart, L. S. M., J. A. Hamman, and S. A. Pink‐Harper. 2018. “The Stabilization Effect of Local Government Savings: The Case of Illinois Counties.” Public Budgeting & Finance 38 (2): 23–39. doi:https://doi.org/10.1111/pbaf.12185.
  • Talbot, C. 2008. “Performance regimes—The Institutional Context of Performance Policies.International Journal of Public Administration 31 (14): 1569−1591. doi:https://doi.org/10.1080/01900690802199437.
  • U.S. Government Accountability Office. (2019). Fiscal Outlook: State and Local Fiscal Model - About InterGovernmental Revenue. https://www.gao.gov/fiscal_outlook/state_local_fiscal_model/interactive_graphic/about_i ntergovernmental_revenue
  • Wagner, G. A., and E. M. Elder. 2005. “The Role of Budget Stabilization Funds in Smoothing Government Expenditures over the Business Cycle.” Public Finance Review 33 (4): 439–465. doi:https://doi.org/10.1177/1091142105276442.
  • Wang, W., and Y. Hou. 2012. “Do Local Governments Save and Spend across Budget Cycles? Evidence from North Carolina.” The American Review of Public Administration 42 (2): 152–169. doi:https://doi.org/10.1177/0275074011398387.
  • Wang, X., L. Dennis, and Y. S. Tu (jeff). 2007. “Measuring Financial Condition: A Study of U.S. States.” Public Budgeting & Finance 27 (2): 1–21. doi:https://doi.org/10.1111/j.1540-5850.2007.00872.x.
  • Wooldridge, J. M. 2016. Introductory Econometrics: A Modern Approach. Boston, MA: Nelson Education.
  • Yan, W. 2011. “The Interactive Effect of Revenue Diversification and Economic Base on US Local Government Revenue Stability.” Public Money & Management 31 (6): 419–426.
  • Zhang, Z., B. Gibson, and J. G. Schafer. 2018. “Reexamining the Relationship between Fiscal Stress and Outsourcing.” Public Performance & Management Review 41 (1): 22–46. doi:https://doi.org/10.1080/15309576.2017.1358645.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.