Explaining the Affects of Public Participation and the State of the Local Economy on Municipal Bond Elections

Date

2007-05

Authors

Mendoza, Richard

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Abstract

Are public participation and the health of the local economy predictors of municipal bond election success? This explanatory study evaluates the impact of public participation programs and the health of the local economy on municipal bond election outcome. Thirty-eight Texas municipal bond elections between the years 2000 and 2007 are observed, controlled for demographic factors of city size, wealth, debt, credit rating, and bond size. Using the scholarly literature as a guide, formal hypotheses dealing with the impact of public participation and the local economy are developed. The hypotheses are tested using a binary logistic regression and the results did not support the hypotheses. The regression failed to reveal any significant relationship among public participation or the local economy on bond election outcomes. Hence, other factors not accounted for by the study should be explored.

Description

An Applied Research Project Submitted to the Department of Political Science, Texas State University-San Marcos, in Partial Fulfillment for the Requirements for the Degree of Masters of Public Administration, Spring 2007.

Keywords

municipal bond, elections, economy, public participation, Public Administration

Citation

Mendoza, R. (2007). Explaining the affects of public participation and the state of the local economy on municipal bond elections. Masters of Public Administration, Texas State University, San Marcos, Texas.

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