“韓國 地方財政 收入-支出의 因果關係 分析”

• 영문명: The Local Government Revenues- Expenditures Nexus in Korea
• 발행기관: 한국재정학회(구 한국재정·공공경제학회)
• 저자명: 金聖泰(Sungtai Kim)
• 간행물 정보: 『재정논집』재정논집 제9권, 1~16쪽, 전체 16쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 1995.03.31

영문 초록

This papre examines the intertemporal linkage between local government revenues and expenditures in Korea. We test the causal relationship between revenues and expenditures using the panel data of 11 provinces during 1970-89 period. The issue is whether revenues Granger-cause expenditures, or expenditures Granger-cause revenues. The main results that emerge from empirical studies are as follows. 1) Two years are sufficient to summarize the relevant dynamic interrelationships. 2) There exist feedback as well as instantaneous causality between local government revenues and expenditures. 3) There does not exist the “flypaper effect” that a dollar increase in exogenous grants monies stimulates local spending more than a dollar increase in local income in Korea. 4) We found institutional reasons why such pattern of causal relationship between the two exists. A policy implication of the results of this paper is that the role of self-financing scheme must be enhanced for a successful implementation of the local autonomy in Korea.

목차

Ⅰ. 서론

Ⅱ. 우리나라 지방재정의 제도적 시사점

Ⅲ. Granger 因果關係 檢定 模型

Ⅳ. 실증분석 결과

Ⅴ. 요약 및 정책적 시사점

참고문헌