Warianty tytułu
Języki publikacji
Abstrakty
The aim of the paper is to investigate spatial interactions among the debt of 2,442 municipalities in Poland over the period 2005-2020. Using dynamic spatial Durbin model with two-way fixed effects it provides empirical evidence of positive spatial interactions. It is estimated that an increase in debt per capita in a given municipality by PLN 100 leads to an increase in the debt per capita in neighbouring municipalities by PLN 8-10. The result is robust to the various specifications of spatial weight matrix (contiguity vs. inverse-distance with a cut-off). It is also found that municipal debt in Poland suffers from high persistence over time. (original abstract)
Czasopismo
Rocznik
Tom
Numer
Strony
206--223
Opis fizyczny
Twórcy
autor
- Poznań University of Economics and Business
Bibliografia
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Bibliografia
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