JOURNAL ARTICLE
Early Payments, Late Payments, and Revenue Volatility in Texas Cities
- Title:
- Early Payments, Late Payments, and Revenue Volatility in Texas Cities
- Authors:
- Overton, Michael Nukpezah, Julius Ismayilov, Orkhan
- Year:
- 2017
- Output Type:
- Journal Article
- Venue:
- Public Money & Management
- Venue Type:
- Peer-reviewed journal
- Status:
- Published
- Theme:
- Municipal Finance and Budgeting
- Sub-theme:
- Forecasting
- Shared Trajectory:
- Sales Tax Revenue Forecasting
- Abstract:
- Local governments with volatile revenues face a variety of managerial challenges. This study examines the impact of prepayments and late payments on sales tax revenue volatility (STRV). Prepayments and late payments have the potential of disrupting the predictability of sales tax revenue. Using a sample of 1,075 cities in Texas over a 15-year period (1998 to 2013), the study finds that late payments impact STRV while early payments do not.
- Topics:
- Revenue volatility Municipal finance Texas
- DOI:
- https://doi.org/10.1080/09540962.2017.1372099
- Citations (OpenAlex):
- 6
- OpenAlex ID:
- W2754098457
- Full Citation:
- Overton, Michael, Julius Nukpezah, and Orkhan Ismayilov. (2017). "Early Payments, Late Payments, and Revenue Volatility in Texas Cities." Public Money & Management, 38 (7), 469-476. https://doi.org/10.1080/09540962.2017.1372099
Cite this work
Published
Reference
Overton, Michael; Nukpezah, Julius; Ismayilov, Orkhan (2017). Early Payments, Late Payments, and Revenue Volatility in Texas Cities. Public Money & Management.
@article{overton2017_early_payments_late_paym,
title = {Early Payments, Late Payments, and Revenue Volatility in Texas Cities},
author = { Overton, Michael and Nukpezah, Julius and Ismayilov, Orkhan },
year = {2017},
journal = {Public Money & Management},
doi = {10.1080/09540962.2017.1372099},
url = {https://www.michaeloverton.net/research/items/early_payments_late_payments_and_revenue_volatility_in_texas.html}
}