Abstract:

Abstract: Starting with constructing the modern financial system and modernizing financial governance, assuming that financial information disclosure promoting government expenditure performance,we estimated local government expenditure performance by DEA in this paper, and empirically analyzed the transparent reform of local government expenditure performance,using the panel data from 2007 to 2012 . It is found that: in the case of setting up a series of control variables, the econometric model positively tells that financial information disclosure improve the government expenditure performance level. Financial information disclosure transparency improve 1 units, the corresponding local government expenditure performance will improve 6%.The explanatory variable are found to be 9% of the contribution degree to the explained variable,including the local government administration information disclosure . Financial information disclosure itself does cause the result of the allocation of financial resources. This is a valuable discovery, and it is a kind of affirmation and support to the reform of financial information disclosure system in China in recent years. In this paper, we proved that financial information disclosure is an important path and security mechanism to improve the performance of local government expenditure, which provides a powerful policy basis to improve the performance of local government expenditure by further accelerating the reform of the financial information disclosure system. Key words: Modernization of Fiscal Management ; Disclosure of Fiscal Information ; Local Expenditure Performance；Foundation of Political Legitimacy

摘要：

本文基于DEA 评价所获取的地方政府支出绩效值,运用2007-2012年间的省级面板数据，实证剖析我国地方财政信息“ 阳光化” 改革的绩效后果。研究发现：在设置了一系列控制变量情况下，计量模型肯定性地刻画了省级财政信息公开的确有助于提升地方政府支出绩效水平，即直接或狭义的财政信息公开透明度每提升1位，则相应的地方政府支出绩效会改善６％；将地方政府行政信息公开透明情况纳入并构建广义财政信息公开指标，则发现解释变量对被解释变量的贡献度或解释力显著地提升到了9%。理论和实证两方面证明了财政信息公开是提升地方政府支出绩效的重要路径和保障机制，为进一步推进财政信息公开制度改革以改进地方政府支出绩效提供了必要的政策依据。

关键词: 财政治理, 信息公开, 支出绩效