政治市场方法下预算执行的关键决定因素:以韩国地方政府为例

Q3 Economics, Econometrics and Finance
Taeseop Yoon, Sung-Gheel Jang, Junki Lee
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引用次数: 0

摘要

目的:本研究旨在通过调查影响地方政府管理运营费用的因素,分析韩国地方政府的人口、居民收入、财政特征与运营费用之间的关系。设计/方法/方法:为了研究影响运营费用的因素,本研究采用政治市场方法,利用运营费用方面预算执行的关键决定因素的研究框架。为此,本研究利用2016- 2020财年226个韩国地方政府的实证数据进行面板回归分析。研究发现:分析结果表明,人口因素和财政因素不能解释地方政府运营费用的规模;此外,它揭示了人口少、财政规模小的地方政府往往花费更多的运营费用。研究局限/启示:本研究假设人口减少会导致公共产品和公共服务的需求下降,从而导致公共产品和公共服务的数量减少,最终导致地方政府的运营费用减少。然而,本研究在限制2016财年以来的数据周期方面存在局限性。原创性/价值:尽管存在上述局限性,但本研究表明,人口变量和财政变量并不能解释韩国地方政府运营费用的规模。相反,分析结果表明,人口少、财政规模小的地方政府的运营费用支出更多。因此,本研究建议未来应更加注重提高地方政府组织运作的效率。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Key Determinants of B udg et E xecution w ith the Political Market Approach: A Case Study of Korean Local Government
Purpose: This study is aims to analyze relationships among population, resident income, fiscal characteristics, and operating expenses in Korean local governments through investigating factors that affect operating expenses for managing local governments. Design/methodology/approach: To examine the factors affecting operating expenses, this study utilizes research framework using key determinants of budget execution in terms of operating expenses with the political market approach. For doing so, this study conducts panel regression analysis using 226 Korean local governments' empirical data during FY2016-FY2020. Findings: Analytical results show that population and fiscal factors of local governments do not explain a size of operating expenses; moreover, it reveals that local governments with a small population and fiscal size tend to spend more operating expenses. Research limitations/implications: Tis study is initiated based on the hypothesis that decrease of population would lead to decline demands for public goods and public services, which reduce the number of public goods and public services, and it would finally cause the reduction of local governments' operating expenses. However, this study has a limitation regarding to restricting the period of data since FY2016. Originality/value: Despite the above limitation, this study reveals that population variables and fiscal variables do not explain a size of operating expenses of Korean local governments. Rather, the analytical result shows that local governments with a small population and fiscal size spend more operating expenses. Therefore, this study suggests that it pays more attention to improving efficiency of organizational operation of local governments in the future.
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来源期刊
Global Business and Finance Review
Global Business and Finance Review Economics, Econometrics and Finance-Finance
CiteScore
1.20
自引率
0.00%
发文量
37
审稿时长
16 weeks
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