지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술대회자료
- 저자정보
- 발행연도
- 2013.7
- 수록면
- 151 - 161 (11page)
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초록· 키워드
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This paper aims to analyze how political factors affect the transfer expenditure to private sector in local policy making process. We focus on the political competition, partisanship, and local governor`s career as political aspects. These political factors are considered as independent variables and the transfer expenditure to private sectoras dependent variable. In addition, we examine the effect of financial dependency moderating the relationship between political factors and local government expenditure, using threshold analysis based on Hansen(1996, 1999) sampling splitting method. It is required that we analyze the change of budgeting which depends on fiscal interaction between central and local government-local financial dependency, because local fiscal dependency implies not only the soft budget constraints but also the effect of monitoring and control by central government. As literature suggested, there are effects from political factors on the transfer expenditure to private sector. However, these effects depend on the level of fiscal dependency. Although each political factor has the different effect, in high fiscal dependency, local government have both tendency to increase the expenditure as fiscal illusion and to decrease the expenditures through monitoring and controlling by central government. Therefore, it is necessary to consider the different incentive system depending on the financial conditions. Also, reinforcement of political accountability in local government is needed for their residents and central government.
목차
Abstract
Ⅰ. Introduction
Ⅱ. Literature Review
Ⅲ. Method
Ⅳ. Empirical Analysis
Ⅴ. Conclusions
Reference
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