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| Tekijä: | Bertero, E. Rondi, L. |
| Otsikko: | Financial pressure and the behaviour of public enterprises under soft and hard budget constraints: Evidence form Italian panel data |
| Lehti: | Journal of Public Economics
2000 : JAN, VOL. 75:1, p. 73-98 |
| Asiasana: | ECONOMICS PUBLIC SECTOR COMPANIES BUDGET FINANCIAL CONTROL DISCIPLINE |
| Kieli: | eng |
| Tiivistelmä: | The article explores the effect of the hardening of the budget constraint on the behavior of public enterprises. The article provides empirical evidence of a change in behavior of public enterprises between hard and soft budget constraints regimes by investigating the financial discipline enforced by debt across the two regimes. |
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