Capital Budgets, Borrowing Rules, and State Capital Spending
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The work Capital Budgets, Borrowing Rules, and State Capital Spending represents a distinct intellectual or artistic creation found in Bowdoin College Library. This resource is a combination of several types including: Work, Language Material, Books.
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Capital Budgets, Borrowing Rules, and State Capital Spending
Resource Information
The work Capital Budgets, Borrowing Rules, and State Capital Spending represents a distinct intellectual or artistic creation found in Bowdoin College Library. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Capital Budgets, Borrowing Rules, and State Capital Spending
- Statement of responsibility
- James Poterba
- Language
- eng
- Summary
- This paper uses cross-section data on the U.S. states to test the hypothesis that budgeting and borrowing rules affect the level and composition of public spending. It employs a 1963 data set with detailed information on state capital budgeting practices to compare capital spending in states that maintain separate budgets for capital and operating expenditures and states that employ a unified budget It also investigates the impact of financing rules, in particular pay-as-you-go rules for capital projects, on the level of spending. States with capital budgets tend to spend more on public capital, especially if they do not impose pay-as-you-go requirements for financing capital projects
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
- NBER working paper series
- Series volume
- no. w4235
- Target audience
- specialized
Context
Context of Capital Budgets, Borrowing Rules, and State Capital SpendingWork of
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.bowdoin.edu/resource/7zqcWpnOMv0/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.bowdoin.edu/resource/7zqcWpnOMv0/">Capital Budgets, Borrowing Rules, and State Capital Spending</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.bowdoin.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.bowdoin.edu/">Bowdoin College Library</a></span></span></span></span></div>
