ABSTRACT

The aim of this study is to assess whether there is a relationship between budget transparency and governance quality. The so-called openness movement and the global financial crises, which have put significant pressure on governments to cut expenditures and ensure balanced budgets, have motivated this research. The public choice and principal-agent theories have been used to investigate this relationship, implementing econometric models based on a sample of 96 countries over the period 2008–2019. The results show that higher levels of budget transparency positively affect the quality of governance, and vice versa, documenting simultaneous causality between both issues.

摘要

本研究的目的是评估预算透明度和治理质量之间是否存在关系。所谓的开放运动和全球金融危机给政府带来了巨大的削减开支和确保预算平衡的压力，推动了这项研究。公共选择和委托代理理论已被用于研究这种关系，并在 2008-2019 年期间基于 96 个国家的样本实施了计量经济学模型。结果表明，更高水平的预算透明度对治理质量产生积极影响，反之亦然，同时记录了这两个问题之间的因果关系。