非洲预算制度的质量:探索其驱动因素

Q3 Economics, Econometrics and Finance

Economic Annals Pub Date : 2022-01-01 DOI:10.2298/eka2232127a

A. Adeniran, M. Ekeruche, Chimere O. Iheonu

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引用次数: 0

摘要

本文考察了2005年至2017年选定的31个非洲国家预算机构质量变化的经济和政治决定因素。预算机构的质量是用世界银行的标准来衡量的。国家政策和制度评估得分。实证分析采用普通最小二乘法、两阶段最小二乘法、两步广义矩量法以及随机效应probit和混合效应模型。研究发现，预算机构质量的最重要和最有力的决定因素是外债水平、外援、控制腐败的程度以及发言权和问责制的水平。结果还表明，外援、控制腐败和发言权/问责制增加了预算机构质量提高的可能性。这些发现与关于政治意愿的作用和协调国内行动者的偏好以实现非洲体制改革的必要性的更广泛讨论产生了共鸣。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The quality of budgetary institutions in Africa: Exploring the drivers

This paper examines the economic and political determinants of the observed variations in the quality of budgetary institutions in 31 selected African countries from 2005 to 2017. The quality of budgetary institutions is measured using the World Bank?s Country Policy and Institution Assessment score. The empirical analysis utilises Ordinary Least Squares, two-stage least squares, two-step generalized method of moment, and the random effects probit and mixed effects models. The most significant and robust determinants of budgetary institution quality were found to be the level of external debt, foreign aid, the extent of control of corruption, and the level of voice and accountability. The results also reveal that foreign aid, control of corruption, and voice/accountability increase the probability of an improved quality of budgetary institutions. These findings resonate with the broader discussion on the role of political will and the need for the preferences of domestic actors to be aligned in order to deliver institutional reform in Africa.

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来源期刊

Economic Annals Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.90

自引率

0.00%

发文量

审稿时长

18 weeks

期刊介绍： Economic Annals is an academic journal that has been published on a quarterly basis since 1955, initially under its Serbian name of Ekonomski anali (EconLit). Since 2006 it has been published exclusively in English. It is published by the Faculty of Economics, University of Belgrade, Serbia. The journal publishes research in all areas of economics. The Editorial Board welcomes contributions that explore economic issues in a comparative perspective with a focus on transition and emerging economies in Europe and around the world. The journal encourages the submission of original unpublished works, not under consideration by other journals or publications. All submitted papers undergo a double blind refereeing process. Authors are expected to follow standard publication procedures [Instructions to Authors], to recognise the values of the international academic community and to respect the journal’s Policy.