Since the launch of the regional budget performance management reform in 2004,31 provinces(autonomous regions and municipalities directly under the central government)across the country have promoted the reform and achieved results.In this article,the practice of local budget performance management reform is regarded as a quasi-natural experiment,focusing on the changes in the technical and allocative efficiency of local governments'fiscal expenditures before and after the implementation of the local budget performance management reform during the period of 2010-2021.Using unbalanced panel data of 236 prefecture-level cities during 2010-2021,the staggered DID model is used to empirically test whether the budget performance management reform is effective in im-proving the behavior of local government expendi-tures.It is found that the implementation of the budget performance management reform has a pro-motional effect on the technical and allocative effi-ciencies of local fiscal expenditures,which is mainly achieved through the optimization of the fiscal expenditure structure.
Budget performanceExpenditure structureEfficiency of government expenditure
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万方数据
