ABSTRACT

The study examines the determinants of the adoption of bond banks. It draws on the intergovernmental and collaboration scholarship and uses panel data from 26 states over 40-time periods and conditional fixed effects regression. The study findings suggest that opportunities for collaboration, the strength of existing collaboration, the motivation to reduce transaction costs, and financial and economic conditions influence bond banks’ adoption. The study findings contribute to the scholarship that promotes government efficiency through joint venture activities that characterize bond banks.

中文翻译：

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政治分裂、跨地区支出和债券银行联合发债的采用

摘要

该研究考察了采用债券银行的决定因素。它借鉴了政府间和合作奖学金，并使用了来自 26 个州超过 40 个时间段的面板数据和条件固定效应回归。研究结果表明，合作机会、现有合作的强度、降低交易成本的动机以及金融和经济状况都会影响债券银行的采用。研究结果有助于通过以债券银行为特征的合资活动来提高政府效率的学术研究。