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題名 我國地方政府債務因素之實證分析
The empirical analysis of determinants of local government debt in Taiwan
作者 陳昱樺
Chen, Yu-Hua
貢獻者 吳文傑
Wu, Wen-Chieh
陳昱樺
Chen, Yu-Hua
關鍵詞 公共債務
地方政府
地方財政問題
歲入結構
Public debt
Local government
Local financial problems
Revenue structure
日期 2022
上傳時間 1-Aug-2022 18:31:17 (UTC+8)
摘要 本研究使用2001年至2020年共二十年期間財政部統計資料庫以及財政部國庫署公開資料,以各直轄市與縣市每人平均負債金額作為被解釋變數,研究標的共十九個縣市政府,建立台灣各地方政府二十年期間的追蹤資料。將解釋變數分為四大類以分析各項變數對於地方每人負債金額之影響,分類為歲入結構類別、財政因素類別、政治選舉類別以及最後是否為直轄市的身分差異,藉此探討影響地方負債之重要因素以及可能性。實證迴歸結果顯示,大部分變數皆有符合預測影響方向。歲入多元性指標對於縣市每人平均負債影響為負向影響;非自籌財源比例為負向影響;失業率對縣市每人平均負債金額為負向影響。平均來看,當中央與地方首長為同政黨時,縣市每人平均負債金額會顯著下降,而當為一致政府時,因地方政府較容易通過各項預決算,因此舉債需求較小;當中央與地方首長為同政黨時,且地方首長與議會多數也為相同政治傾向時,縣市每人平均負債金額相較於當中央與地方為同政黨但地方首長與議會非一致政府時作比較,顯著較多,且政治類別因素明顯同時受到固定效果影響,影響程度大。另外,當地方政府為直轄市時,縣市每人平均負債會顯著增加,並且在六都裡,台北市與高雄市的債務問題相對於其他直轄市尤其嚴重。
This study uses the statistical database of the Ministry of Finance and the public data of the National Treasury Administration, Ministry of Finance from 2001 to 2020. The average debt amount per person in each city is used as the dependent variable, and the research target is the panel data of 19 local government in Taiwan. The independent variable is divided into four categories to analyze the impact of each variable on the amount of debt per person. The independent variable can be classified into revenue structure category, financial factor category, political election category, and the last one is whether it is a special municipality. In this way, to discussed the important factors and possibilities that affect local government debts. The empirical regression results show that most of the variables are in line with the prediction. The income diversity index has a negative impact on the average debt per person; the proportion of non-self-financing resources has a negative impact; the unemployment rate has a negative impact. Normally, when the central and local mayor are the same political party, the average amount of per person will drop significantly, but when the local government is a unified government, because the local government is more easier to pass various budgets and final accounts, the demand for borrowing is smaller. When the central and local mayor are the same political party, and also the local government is unified government, the average debt amount per person of the city compared with that when the central and local mayor are the same political party but the local government is not unified government,the debt is higher significantly. The political election category variables are obviously affected by both fixed effect, and the degree of the influence is large. In addition, when the local government is special municipality, the average debt per person in the city will increase significantly, and in among the six special municipality, the debt problems of Taipei and Kaohsiung are particularly serious compared to other municipalities.
參考文獻 王有康(2007),〈我國地方財政問題之研究〉,國立空中大學商學學報。

王有康(2013),〈我國當前地方政府財政赤字之研究〉,《德明學報》,37(1),35-52。

王鼎銘(2006),〈政治與經濟的交錯:政治景氣循環理論的發展評析〉,《公共行政學報》,20,161-172。

王鼎銘、詹富堯(2006),〈台灣地方財政的政治景氣循環分析:固定效果與隨機效果模型的估算比較〉,《台灣政治學刊》,10(2),63-100。

吳重禮、黃紀、張壹智(2003),〈台灣地區「分立政府」與「一致政府」之研究:以1986年至2001年地方府會關係為例〉《人文及社會科學及刊》,15,145-184。

邱正雄、陳妍蒨(2007),〈正視當前政府財政赤字及債務餘額問題的一嚴重性〉,財團法人國家政策研究基金會。

姚名鴻(2009),〈財政移轉支付與地方財政努力──一階段隨機邊界分析法應用〉,《應用經濟論叢》,98,181-216。

姚名鴻(2011),〈我國地方財政赤字之理論與實證分析〉,《公共行政學報》,39,37-70。

姚名鴻、林恭正、黃崇哲、蘇建榮(2019),〈衡量我國地方財政財務狀況及其影響因素之分析〉,《應用經濟論叢》,105,123-173。

韋伯韜、李俊緯、周信佑(2011),〈舉債是為度過金融危機〉,財團法人國家政策研究基金會。

孫克難(1992),〈財政赤字與公共選擇理論〉,《經濟前瞻》,28,162-164。

孫克難(1998),〈地方財政惡化的原因及改進之道〉,《經濟前瞻》,57,118-119。

孫健萍(2010),〈高雄縣市改制為直轄市後財政收支之研究〉,《工程科技與教育學刊》,7(5),836-849。

張秀蓮(2000),〈政府適度舉債無可厚非〉,《經濟前瞻》,72,26-30。

張秀蓮(2003),〈當前我國財政問題分析與財政改革展望〉,《當代會計》,4(1),103-117。

張慈佳、胡海豐(2001),〈地方財政赤字對公共服務水準與地價之影響〉,《台灣土地研究》,3,1-18。

陳欽賢、陳奕仁(2006),〈財政收支劃分法修正對地方政府財政之影響〉,《財稅研究》,38(1),156-178。

傅彥凱(2002),〈地方政治預算循環之實證研究:以台灣省縣市長選舉為例〉,《公共行政暨政策學報》,35,137-167。

曾純倩,(2002),〈公共債務與財政政策──台灣之實證研究〉,國立臺灣大學國家發展研究所學位論文,1-55。

游憲廷(2009),〈我國特別預算制度之研究〉,《蘭陽學報》,128-144。

劉志宏、郭乃菱(2012),〈歲入多元化與歲入穩定之研究:台灣地方財政之實證研究〉,《行政暨政策學報》,54,83-120。

Bahl, R. & Duncombe, W. (1993).“State and Local Debt Burdens in the 1980s:A study in Contrast.”Public Adminstration Review 53(1),31-40.

Bird, R. M. & Tarasov, A.V. (2004). “Closing the gap:fiscal imbalances and intergovernmental transfers in developed federations.” Environment and Planning C:Government and Policy 22,77-102.

Blais, A. & Nadeau, R. (1992). “The electoral budget cycle” Public Choice 74,389-403.

Case, A. (1994). “Taxes and the Electoral Cycle:How Sensitive Are Governors To Coming Elections?” Business Review-Federal Reserve Bank of Philadephia 3,17-26.

Clingermayer, J.C. & Wood. B. D. (1995).“Disentangling Patterns of State Debt Financing.” The American Political Review,89(1),108-120.

Ellis, M. & Schansberg, D. E. (1999). “The Determinants of State Government Debt Financing.” Public Finance Review 27(6),571-587.

Fisher, R. C. & Wassmer, R. W. (2014). "The Issuance of State and Local Debt During the United States Great Recession." National Tax Journal 67(1),113-150.

Galiński, P. (2015).“Determinants of debt limits in local governments:case of Poland.” Social and Behavioral Science 213,376-382.

Galli, E. & Rossi, S. P.S. (2002). “Political budget cycles:The case of the Western German Länder.” Public Choice 110,283-303.

Maguire, S. (2011). “State and Local Government Debt:An Analysis.” Congressional Research Service,1-28.

Reid, B. G. (1998). “Endogenous Elections, Electoral Budget Cycles and Canadian Provincial Governments” Public Choice 97(1/2),35-48.

Song, Z. K. & Zilibotti, F. (2012). “Rotten Parents and Disciplined Children:A Politico-Economic Theory of Public Expenditure and Debt.” Econometrica 80(6),2785-2803.

Wassmer, R. W. & Fisher, R. C. (2011). “State and Local Government Debt,1992-2008.” State Tax Notes August 15, 2011,427-436.

Wassmer, R. W. & Fisher, R. C. (2012). “Debt Burdens of California’s State and Local Government.” California Journal of Politics and Policy 4(2),49-76.

Wildasin, D. E. (1997). “Hard and Soft Budget Constraints in Intergovernmental Fiscal Relations.” The World Bank Development Research Group,1-36.
描述 碩士
國立政治大學
財政學系
109255014
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0109255014
資料類型 thesis
dc.contributor.advisor 吳文傑zh_TW
dc.contributor.advisor Wu, Wen-Chiehen_US
dc.contributor.author (Authors) 陳昱樺zh_TW
dc.contributor.author (Authors) Chen, Yu-Huaen_US
dc.creator (作者) 陳昱樺zh_TW
dc.creator (作者) Chen, Yu-Huaen_US
dc.date (日期) 2022en_US
dc.date.accessioned 1-Aug-2022 18:31:17 (UTC+8)-
dc.date.available 1-Aug-2022 18:31:17 (UTC+8)-
dc.date.issued (上傳時間) 1-Aug-2022 18:31:17 (UTC+8)-
dc.identifier (Other Identifiers) G0109255014en_US
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/141264-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 財政學系zh_TW
dc.description (描述) 109255014zh_TW
dc.description.abstract (摘要) 本研究使用2001年至2020年共二十年期間財政部統計資料庫以及財政部國庫署公開資料,以各直轄市與縣市每人平均負債金額作為被解釋變數,研究標的共十九個縣市政府,建立台灣各地方政府二十年期間的追蹤資料。將解釋變數分為四大類以分析各項變數對於地方每人負債金額之影響,分類為歲入結構類別、財政因素類別、政治選舉類別以及最後是否為直轄市的身分差異,藉此探討影響地方負債之重要因素以及可能性。實證迴歸結果顯示,大部分變數皆有符合預測影響方向。歲入多元性指標對於縣市每人平均負債影響為負向影響;非自籌財源比例為負向影響;失業率對縣市每人平均負債金額為負向影響。平均來看,當中央與地方首長為同政黨時,縣市每人平均負債金額會顯著下降,而當為一致政府時,因地方政府較容易通過各項預決算,因此舉債需求較小;當中央與地方首長為同政黨時,且地方首長與議會多數也為相同政治傾向時,縣市每人平均負債金額相較於當中央與地方為同政黨但地方首長與議會非一致政府時作比較,顯著較多,且政治類別因素明顯同時受到固定效果影響,影響程度大。另外,當地方政府為直轄市時,縣市每人平均負債會顯著增加,並且在六都裡,台北市與高雄市的債務問題相對於其他直轄市尤其嚴重。zh_TW
dc.description.abstract (摘要) This study uses the statistical database of the Ministry of Finance and the public data of the National Treasury Administration, Ministry of Finance from 2001 to 2020. The average debt amount per person in each city is used as the dependent variable, and the research target is the panel data of 19 local government in Taiwan. The independent variable is divided into four categories to analyze the impact of each variable on the amount of debt per person. The independent variable can be classified into revenue structure category, financial factor category, political election category, and the last one is whether it is a special municipality. In this way, to discussed the important factors and possibilities that affect local government debts. The empirical regression results show that most of the variables are in line with the prediction. The income diversity index has a negative impact on the average debt per person; the proportion of non-self-financing resources has a negative impact; the unemployment rate has a negative impact. Normally, when the central and local mayor are the same political party, the average amount of per person will drop significantly, but when the local government is a unified government, because the local government is more easier to pass various budgets and final accounts, the demand for borrowing is smaller. When the central and local mayor are the same political party, and also the local government is unified government, the average debt amount per person of the city compared with that when the central and local mayor are the same political party but the local government is not unified government,the debt is higher significantly. The political election category variables are obviously affected by both fixed effect, and the degree of the influence is large. In addition, when the local government is special municipality, the average debt per person in the city will increase significantly, and in among the six special municipality, the debt problems of Taipei and Kaohsiung are particularly serious compared to other municipalities.en_US
dc.description.tableofcontents 第一章 緒論 1
第一節 研究動機 1
第二節 研究目的 8
第三節 研究方法與範圍 8
第四節 研究限制 9
第五節 研究架構 10

第二章 文獻回顧 12
第一節 公共債務相關理論 12
第二節 相關實證研究結果 15

第三章 研究方法 20
第一節 模型建立 20
第二節 變數說明與預期符號 27
第三節 研究範圍與資料來源 35

第四章 敘述性統計 37
第一節 地方政府債務概況統計 37
第二節 地方歲入結構概況統計 42
第三節 變數敘述性統計 43

第五章 實證研究結果 45
第一節 相關係數結果 45
第二節 變異數膨脹因子 47
第三節 迴歸結果與分析 48

第六章 結論與建議 54

參考文獻 68
中文文獻 68
英文文獻 70
附錄 72
zh_TW
dc.format.extent 2931129 bytes-
dc.format.mimetype application/pdf-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0109255014en_US
dc.subject (關鍵詞) 公共債務zh_TW
dc.subject (關鍵詞) 地方政府zh_TW
dc.subject (關鍵詞) 地方財政問題zh_TW
dc.subject (關鍵詞) 歲入結構zh_TW
dc.subject (關鍵詞) Public debten_US
dc.subject (關鍵詞) Local governmenten_US
dc.subject (關鍵詞) Local financial problemsen_US
dc.subject (關鍵詞) Revenue structureen_US
dc.title (題名) 我國地方政府債務因素之實證分析zh_TW
dc.title (題名) The empirical analysis of determinants of local government debt in Taiwanen_US
dc.type (資料類型) thesisen_US
dc.relation.reference (參考文獻) 王有康(2007),〈我國地方財政問題之研究〉,國立空中大學商學學報。

王有康(2013),〈我國當前地方政府財政赤字之研究〉,《德明學報》,37(1),35-52。

王鼎銘(2006),〈政治與經濟的交錯:政治景氣循環理論的發展評析〉,《公共行政學報》,20,161-172。

王鼎銘、詹富堯(2006),〈台灣地方財政的政治景氣循環分析:固定效果與隨機效果模型的估算比較〉,《台灣政治學刊》,10(2),63-100。

吳重禮、黃紀、張壹智(2003),〈台灣地區「分立政府」與「一致政府」之研究:以1986年至2001年地方府會關係為例〉《人文及社會科學及刊》,15,145-184。

邱正雄、陳妍蒨(2007),〈正視當前政府財政赤字及債務餘額問題的一嚴重性〉,財團法人國家政策研究基金會。

姚名鴻(2009),〈財政移轉支付與地方財政努力──一階段隨機邊界分析法應用〉,《應用經濟論叢》,98,181-216。

姚名鴻(2011),〈我國地方財政赤字之理論與實證分析〉,《公共行政學報》,39,37-70。

姚名鴻、林恭正、黃崇哲、蘇建榮(2019),〈衡量我國地方財政財務狀況及其影響因素之分析〉,《應用經濟論叢》,105,123-173。

韋伯韜、李俊緯、周信佑(2011),〈舉債是為度過金融危機〉,財團法人國家政策研究基金會。

孫克難(1992),〈財政赤字與公共選擇理論〉,《經濟前瞻》,28,162-164。

孫克難(1998),〈地方財政惡化的原因及改進之道〉,《經濟前瞻》,57,118-119。

孫健萍(2010),〈高雄縣市改制為直轄市後財政收支之研究〉,《工程科技與教育學刊》,7(5),836-849。

張秀蓮(2000),〈政府適度舉債無可厚非〉,《經濟前瞻》,72,26-30。

張秀蓮(2003),〈當前我國財政問題分析與財政改革展望〉,《當代會計》,4(1),103-117。

張慈佳、胡海豐(2001),〈地方財政赤字對公共服務水準與地價之影響〉,《台灣土地研究》,3,1-18。

陳欽賢、陳奕仁(2006),〈財政收支劃分法修正對地方政府財政之影響〉,《財稅研究》,38(1),156-178。

傅彥凱(2002),〈地方政治預算循環之實證研究:以台灣省縣市長選舉為例〉,《公共行政暨政策學報》,35,137-167。

曾純倩,(2002),〈公共債務與財政政策──台灣之實證研究〉,國立臺灣大學國家發展研究所學位論文,1-55。

游憲廷(2009),〈我國特別預算制度之研究〉,《蘭陽學報》,128-144。

劉志宏、郭乃菱(2012),〈歲入多元化與歲入穩定之研究:台灣地方財政之實證研究〉,《行政暨政策學報》,54,83-120。

Bahl, R. & Duncombe, W. (1993).“State and Local Debt Burdens in the 1980s:A study in Contrast.”Public Adminstration Review 53(1),31-40.

Bird, R. M. & Tarasov, A.V. (2004). “Closing the gap:fiscal imbalances and intergovernmental transfers in developed federations.” Environment and Planning C:Government and Policy 22,77-102.

Blais, A. & Nadeau, R. (1992). “The electoral budget cycle” Public Choice 74,389-403.

Case, A. (1994). “Taxes and the Electoral Cycle:How Sensitive Are Governors To Coming Elections?” Business Review-Federal Reserve Bank of Philadephia 3,17-26.

Clingermayer, J.C. & Wood. B. D. (1995).“Disentangling Patterns of State Debt Financing.” The American Political Review,89(1),108-120.

Ellis, M. & Schansberg, D. E. (1999). “The Determinants of State Government Debt Financing.” Public Finance Review 27(6),571-587.

Fisher, R. C. & Wassmer, R. W. (2014). "The Issuance of State and Local Debt During the United States Great Recession." National Tax Journal 67(1),113-150.

Galiński, P. (2015).“Determinants of debt limits in local governments:case of Poland.” Social and Behavioral Science 213,376-382.

Galli, E. & Rossi, S. P.S. (2002). “Political budget cycles:The case of the Western German Länder.” Public Choice 110,283-303.

Maguire, S. (2011). “State and Local Government Debt:An Analysis.” Congressional Research Service,1-28.

Reid, B. G. (1998). “Endogenous Elections, Electoral Budget Cycles and Canadian Provincial Governments” Public Choice 97(1/2),35-48.

Song, Z. K. & Zilibotti, F. (2012). “Rotten Parents and Disciplined Children:A Politico-Economic Theory of Public Expenditure and Debt.” Econometrica 80(6),2785-2803.

Wassmer, R. W. & Fisher, R. C. (2011). “State and Local Government Debt,1992-2008.” State Tax Notes August 15, 2011,427-436.

Wassmer, R. W. & Fisher, R. C. (2012). “Debt Burdens of California’s State and Local Government.” California Journal of Politics and Policy 4(2),49-76.

Wildasin, D. E. (1997). “Hard and Soft Budget Constraints in Intergovernmental Fiscal Relations.” The World Bank Development Research Group,1-36.
zh_TW
dc.identifier.doi (DOI) 10.6814/NCCU202201005en_US