地方政府财政效率促进经济增长实证研究——基于监督力度视角
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摘要
文章基于我国地方政府财政投入产出数据,采用三阶段DEA效率模型测算出地方政府财政效率。研究结果显示:我国地方政府财政效率区域分布上,中部地区财政效率均值较高,西部地区财政效率均值高于东部地区;在剔除环境因素和随机误差影响后,我国地方政府财政效率有所提升。运用工具变量的动态面板门槛模型估计研究结果表明:当预决算差异、财政违规资金和行政腐败程度处于中高阈值时,地方政府财政效率对经济增长具有显著的负向影响。由此说明,地方政府财政效率对经济增长的影响效应因监督力度不同而有所差异。
Based on Chinese provincial governments' fiscal input and output data, this paper estimated the local government fiscal efficiency by using three-stage DEA efficiency model, and efficiently avoided the nonlinear effects of the endogenous dynamic panel threshold model estimating the supervision on local government fiscal efficiency by using instrumental variables. The results show that: for the regional distribution of local government fiscal efficiency, the mean fiscal efficiency of the government in central regions is high, and the mean fiscal efficiency of the government in western regions is higher than that in eastern regions; after excluding the impact of environmental factors and random error, the local government fiscal efficiency has been improved. The supervision has a significant nonlinear effect on the local government fiscal efficiency. When the deviation degree of government budget and final accounts, financial illegal funds and administrative corruption degree are at high threshold, the local government fiscal efficiency has a significant negative impact on economic development and income growth. In a word, the effect of local government fiscal efficiency on economic development and income growth varies due to different supervision. Therefore, the paper puts forward certain policy recommendations on strengthening the local government fiscal efficiency.
Based on Chinese provincial governments' fiscal input and output data, this paper estimated the local government fiscal efficiency by using three-stage DEA efficiency model, and efficiently avoided the nonlinear effects of the endogenous dynamic panel threshold model estimating the supervision on local government fiscal efficiency by using instrumental variables. The results show that: for the regional distribution of local government fiscal efficiency, the mean fiscal efficiency of the government in central regions is high, and the mean fiscal efficiency of the government in western regions is higher than that in eastern regions; after excluding the impact of environmental factors and random error, the local government fiscal efficiency has been improved. The supervision has a significant nonlinear effect on the local government fiscal efficiency. When the deviation degree of government budget and final accounts, financial illegal funds and administrative corruption degree are at high threshold, the local government fiscal efficiency has a significant negative impact on economic development and income growth. In a word, the effect of local government fiscal efficiency on economic development and income growth varies due to different supervision. Therefore, the paper puts forward certain policy recommendations on strengthening the local government fiscal efficiency.
引文
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[14]唐齐鸣,王彪.中国地方政府财政支出效率及影响因素的实证研究[J].金融研究,2012(2):48-60.
[15] Rios A-M,Bastida F,Benito B.Budget transparency and legislative budgetary oversight:An international approach [J].American Review of Public Administration,2016,46(5):546-568.
[2]代娟,甘金龙.基于DEA的财政支出效率研究[J].财政研究,2013(8):22-25.
[3]余靖雯,陈晓光,龚六堂.财政压力如何影响了县级政府公共服务供给[J].金融研究,2018(1):18-35.
[4]余泳泽,刘大勇.“中国式财政分权”与全要素生产率:“竞次”还是“竞优”[J].财贸经济,2018(1):23-37.
[5] Babatunde,S A.The effects of adoption of accrual-based budgeting on transparency and accountability in the Nigerian public sector [J].International Journal of Governmental Financial Management,2013,8(1):15-35.
[6] Arbatli,Escolano.Fiscal transparency,fiscal performance and credit ratings [J].Fiscal Studies,2015,36(2):237-270.
[7] 陈诗一,张军.中国地方政府财政支出效率研究:1978-2005[J].中国社会科学,2008(4):65-78.
[8] 李丹,裴育.财政透明度对财政资金配置效率的影响研究[J].财经研究,2016(2):40-49.
[9] Zhang S.Fiscal decentralization budgetary transparency,and local government size in China [J].Emerging Markets Finance and Trade,2016,52(7):1679-1697.
[10]刘建民,欧阳玲,毛军.财政分权、经济增长与政府减贫行为[J].中国软科学,2018(6):139-150.
[11]刘广斌,李建坤.基于三阶段DEA模型的我国科普投入产出效率研究[J].中国软科学,2017(5):139-148.
[12] Hansen B E.Threshold effects in non-dynamic panels:Estimation,testing,and inference [J].Journal of Econometrics,1999,93(2):345-368.
[13] Kremer S,Bick A,Nautz D.Inflation and growth:New evidence from a dynamic panel threshold analysis [J].Empirical Economics,2013,44(2):861-878.
[14]唐齐鸣,王彪.中国地方政府财政支出效率及影响因素的实证研究[J].金融研究,2012(2):48-60.
[15] Rios A-M,Bastida F,Benito B.Budget transparency and legislative budgetary oversight:An international approach [J].American Review of Public Administration,2016,46(5):546-568.