High-quality economic development powered by national audit:effect test and mechanism analysis
The Report to the 20th National Congress of the Communist Party of China points out that achieving high-quality development is the essential requirement for the Chinese path to modernization.National audit,as a key institutional arrangement of national governance,is of great significance to promoting high-quality economic development through the Chinese path to modernization.Based on a case study of panel data of 30 provinces in China from 2009 to 2020,the paper explores the impact of national audit on high-quality economic development and the mediating effect in the process of marketization.The conclusions are as follows.National audit plays a positive role in promoting high-quality economic development through the functions of prevention,revelation and counteraction,and the process of marketization is an important transmission mechanism in the impact of national audit on high-quality economic development.National audit accountability in non-coastal areas is more adequate,and the function of economic supervision has been more improved.The coastal areas have achieved more remarkable results in the process of marketization,and play a stronger role in promoting high-quality economic development.Thus,the national audit institution should ensure high-quality economic development by giving full play to the function of economic supervision and making policies according to different situations in different regions.
national auditprocess of marketizationhigh-quality economic developmentimmune systemstructure of economic development