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E-Commerce, E-Business and E-Service – Lee (Ed)
© 2014 Taylor & Francis Group, London, ISBN 978-1-138-02646-9
The determinants of local fiscal distress in Taiwan: A Poisson
regression analysis
Y.H. Ho & C.J. Huang
Department of Public Finance, Feng Chia University, Taichung, Taiwan
ABSTRACT: This study uses Poisson regression to explore the determinants of fiscal distress on the
local governments in Taiwan. Results suggest that political budget cycles, economic growth, increase in
central government expenditures, and legislative checks and balances, all have insignificant effects on the
local governments’ fiscal health over the 1984 to 2014 period. More importantly, this study finds that
an increase in central government revenues significantly ...