Does the Financial Self-sufficiency of Municipalities Affect Efficiency of the Museums which they Founded? (A Case Study from the Czech Republic)

This paper analyzes and discusses the impact of fiscal decentralization on the efficiency of museums run by municipalities. It tests the hypothesis that municipalities with higher levels of income self-sufficiency can more efficiently manage museums than municipalities with lower levels of financial self-sufficiency. For our analysis, we used financial data for the years 2015 to analyze the efficiency of museums using data envelopment analysis (DEA). To test the hypothesis about the impact of financial self-sufficiency, we use regression analysis. The results obtained did not confirmed the hypothesis.