Scholarlink

<p>Accrual accounting in the public sector aims to enhance fiscal transparency, decision-making, comparability, and cost-effectiveness. The Italian reform of public sector accounting in 2011 provides an excellent quasi-natural experiment for studying the effect of accrual accounting on public financial management. Our results indicate that accrual accounting has a disciplining effect on local public spending, strengthening fiscal positions. Importantly, we demonstrate that the effect varies across municipalities: It is stronger during non-electoral periods and for high-quality institutions.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Does accrual accounting make municipalities spend less?

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年8月8日

查看全文
  • Stefano Caiazza,
  • Franco Fiordelisi,
  • Elina De Simone,
  • Fabio Pisani

摘要

Accrual accounting in the public sector aims to enhance fiscal transparency, decision-making, comparability, and cost-effectiveness. The Italian reform of public sector accounting in 2011 provides an excellent quasi-natural experiment for studying the effect of accrual accounting on public financial management. Our results indicate that accrual accounting has a disciplining effect on local public spending, strengthening fiscal positions. Importantly, we demonstrate that the effect varies across municipalities: It is stronger during non-electoral periods and for high-quality institutions.