디지털융복합연구 (Journal of Digital Convergence)

  • 제12권7호
  • /
  • Pages.65-76
  • /
  • 2014
  • /
  • 2713-6434(pISSN)
  • /
  • 2713-6442(eISSN)
한국디지털정책학회 (The Society of Digital Policy and Management)
권호 표지
DOI QR코드

DOI QR Code

우리나라 지방재정지출의 수렴 분석

An Analysis on Convergence of Local Public Expenditures in Korea

  • Received : 2014.05.20
  • Accepted : 2014.07.20
  • Published : 2014.07.28
PDF 다운로드
⟨ 이전 논문 다음 논문 ⟩

Abstract

본 논문은 우리나라의 1인당 지방재정지출이 1985-2011년 기간 동안 수렴하고 있는 지 여부를 광역자치단체 자료를 이용하여 검증하고 있다. Skidmore et al.(2004)의 구조적 모형을 이용하여 1인당 재정지출증가율 방정식을 추정한 결과 우리나라의 1인당 지방재정지출이 수렴하는 것을 확인할 수 있었다[23]. 더욱이 재정지출 증가율에 기여한 것은 노령인구 증가율이라는 것이 확인되었고, 5개 분야로 지방재정지출을 구분하여 수렴여부를 분석한 결과 기능별 재정지출의 유형에 따라 수렴속도가 다른 것으로 나타나 공공투자지출의 수렴속도가 공공소비지출의 수렴속도 보다 빠른 것으로 나타났으며, 경제개발비 지출의 수렴속도가 사회개발비 지출의 수렴속도보다 빠른 것으로 나타났다. 향후 연구에서는 개별 지방공공재의 혼잡도를 고려한 지방공공서비스의 수렴에 대하여 분석하는 것이 중요한 것으로 보인다.

This paper analyzes whether local public expenditures have converged during the 1985-2011 periods in Korea, using the sixteen metropolitan and provincial governments data. We analyze the convergence of per capita real local public expenditures in terms of both static view and dynamic view of convergence. Furthermore, we derive the estimating equation for per capita real local government expenditure growth function from theoretical model based on Skidmore et al.(2004)[23]. The main results from empirical analyses are such that an increase in aged people helped local government expenditures increase. Also, we found that the convergence speed of economic expenditure is greater than that of social welfare expenditure. Similarly the convergence speed of public capital expenditure is greater than that of public consumption expenditure. In the future we had better examine the convergence of local public goods taking into account their congestion rates.

Keywords

References

  1. P. Afexentiou and S. Apostolos, "Government Expenditures in the European Union: Do they converge or follow Wagner's law?" International Economic Journal, 10, pp. 33-47, 1996. https://doi.org/10.1080/10168739600080018
  2. P. Afexentiou. and S. Apostolos, "Testing for Government Spending Convergence Across Canadian Provinces," Public Finance Review, 16, pp. 55-74, 1999.
  3. C. Annala., "Have State And Local Fiscal Policies Become More Alike? Evidence of Beta Convergence Among Fiscal Policy Variables," Public Finance Review, 31(2), pp. 144-165, 2003. https://doi.org/10.1177/1091142102250327
  4. R. J. Barro and X. Sala-i-Martin, "Convergence across States and Regions", Brookings Papers on Economic Activity, Vol. 1, pp. 107-158, 1991.
  5. Vittorio Daniele "Regional convergence and public spending in Italy. Is there a correlation," MPRA, Paper No. 14334, 2009.
  6. Steven Deller and Mark Skidmore, "Convergence in Local Spending: Evidence from Wisconsin," University of Wisconsin-Madison Department of Agricultural and Applied Economics, Staff Paper No. 483, 2005.
  7. M. P. Drennan, J. Lobo, and D. Strumsky, "Unit Root Tests of Sigma Income Convergence across US Metropolitan Areas", Journal of Economic Geography, Vol. 4, pp. 583-595, 2004. https://doi.org/10.1093/jnlecg/lbh035
  8. S. G. Hall,, D. Robertson, and M. R. Wickens, Measuring Convergence of the EC Economies, Manchester School, 60, supplement, pp. 99-111, 1992.
  9. Seobin Hong and Man-Soo Joo, "Fiscal Convergence of Korean Autonomous Districts," Korean Journal of Public Finance, Volume 4 No. 3, pp. 67-94, 2011.
  10. Man-Soo Joo, "Analyzing the Convergence of Local Fiscal Regimes," Korea Review of Applied Economics, Volume 11 No. 3, pp. 147-172, 2009.
  11. Sung Tai Kim, Regional Economic Growth and Local Public Finance, Korea Institute of Local Finance, 2012.
  12. Sung Tai Kim, "Estimation of Congestion Rate of Local public Goods in Korea,"mimeo, 2014.
  13. Sung Tai Kim, Cho See Jung, and Keun Ho Roh, "Regional Economic Gap in Korea,"Kyong Je Hak Yon Gu, Vol. 39 No. 2, 363-389, 1991.
  14. M. Laurini, E. Andrade and P. L. Valls Pereira, "Income Convergence Clubs for Brazilian Municipalities: a non-parametric analysis: a non-parametric analysis," Applied Economics, 2005, 37, 2099-2118, 2005. https://doi.org/10.1080/00036840500218554
  15. D. Merriman and Mark Skidmore, "Convergence in State Government Health Care Spending and Fiscal Distress," Proceedings of the Ninety-Fourth Annual Conference of the National Tax Association, 2001.
  16. Choon-Geol Moon and Ki Hyun Park, "Empirical Investigation into Regional Convergence in Korea," Public Economy, Vol. 10 No. 2, pp. 49-79, 2005.
  17. T. Paas, A. Vork, A. Kuusk, and F. Schlitte, "Modelling Regional Income Convergence in EU-25", Paper of International Conference on Regional and Urban Modeling, Brussels, 2006.
  18. Wan Kyu Park, "Has the Economic Gap Among Regions been Decreasing?" Korea Review of Applied Economics, Volume 10 No. 1, pp. 221-248, 2008.
  19. D., Quah, "Galton's Fallacy and Tests of the Convergence Hypothesis", Scandinavian Journal of Economics, Vol. 95, No.4, pp. 427-443, 1993. https://doi.org/10.2307/3440905
  20. N.T. Saruc, I. Sagbas, and I. Cigerci, "Convergence in Public Expenditures and Tax Revenues Across the Turkish Provinces, mimeo, 2007.
  21. X. Sala-i-Martin., "Regional Cohesion: Evidence and Theories of Regional Growth and Convergence", European Economic Review, Vol. 40, pp. 1325-1352, 1996. https://doi.org/10.1016/0014-2921(95)00029-1
  22. R. Shankar and A. Shah, "Bridging the Economic Divide within Nations-A Scoreboard on the Performance of Regional Development Policies in Reducing Regional Income Disparities", Policy Research Working Paper, No. 2717, The World Bank, 2001.
  23. M. Skidmore, H. Toya, and D. Merriman, "Convergence in Government Spending: Theory and Cross-Country Evidence," Kyklos, 57, pp. 587-619, 2004. https://doi.org/10.1111/j.0023-5962.2004.00270.x
  24. M. P. Todaro, Economic Development, 5th Edition, Longman, New York, 1994.
  25. G. Tondl, Convergence after Divergence? Regional Growth in Europe, Springer: Wien/Heidelberg/New York, 2001.
  26. M. Terrasi, "Convergence and divergence across Italian regions," The Annals of Regional Science, vol. 33, 4, pp. 491-510, 1999. https://doi.org/10.1007/s001680050117
  27. Joseph White, "(Almost) Nothing New under the Sun: Why the Work of Budgeting Remains Incremental," Public Budgeting and Finance, 14(1), pp. 111-32, 1994.

Cited by

  1. An Analysis on the Regional Convergence of Social Welfare Services in Korea vol.7, pp.4, 2016, https://doi.org/10.15207/JKCS.2016.7.4.217