Research on the China's performance of public expenditure from the perspective of budget balance Online publication date: Thu, 30-Jun-2022
by Zhenyang Wang; Kai Wang
International Journal of Chinese Culture and Management (IJCCM), Vol. 5, No. 3, 2022
Abstract: Based on the panel data of 31 provincial administrative regions in China from 2006 to 2015, this paper uses factor analysis and DEA-Malmquist efficiency evaluation method to design seven result-oriented public expenditure performance index systems in different fields of public finance, and then establishes the generalised method of moments (GMM) with the budget balance measurement indicators of different cycle lengths, so as to empirically test and analyse the impact of annual, cross-annual and multi-year budget balance on the change of public expenditure performance index. The results show that: 1) on the whole, the multi-year budget balance plays a significant role in promoting the performance of public expenditure; 2) specifically, in more developed regions, the effect of using annual budget balance is more obvious; 3) in less developed regions, the use of cross-year budget balance mechanism is more conducive to the performance of public expenditure.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Chinese Culture and Management (IJCCM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook