| Summary: | 碩士 === 逢甲大學 === 財稅學系 === 107 === Local government debt is rising, borrowing debt creates a vicious circle, people are concerned with the issue about local fiscal situation. In this paper, local government divided into two levels–city and municipality. The data over the period 2004 to 2017, variables concerning local government debts, the election year of local government, the election year of central government, revenues from aid and assistance, self-financing resources and the political party. We using these variables intend for analysis the impact of local elections on Taiwan local government debt.
Before proceeding to examine empirical analysis, we use unit root test to verification. Then, we apply Hausman test and F-test to choose fixed effects model and random effects model. According to the results, it can be seen that the influence of city election and municipality election.The local debt is affected by the political operation of the local elections.
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