Author(s)

Ye Liu ¹, Yuanhao Ban ²

Affiliation(s)

¹ School of Economics and Management, Beijing University of Posts and Telecommunications, Beijing, China
² Business School, Beijing Normal University, Beijing, China

Corresponding Author

Yuanhao Ban

ABSTRACT

The improvement of fiscal transparency is a key way to alleviate social information asymmetry and optimize and improve the modern national governance system. As a new type of production factor, data has become a key strategic resource to promote the construction of digital China and the high-quality development of the economy, and the opening up of the government's public data platform has provided a new direction of change for realizing modernized government governance relying on data elements, and evaluating its economic impact on the fiscal transparency of the local government has become a prerequisite for scientific governance. This paper investigates the impact of public data access on fiscal transparency adopting a quasi-natural experimental approach. We find that public data access exerts a significantly positive influence on fiscal transparency. This effect is mainly attributed to the enhanced digital innovation and public finance awareness brought about by government data platforms access, and promotion incentives for officials serve as a crucial moderating factor influencing the relationship.

KEYWORDS

Public data access; Multi-period DID; Fiscal transparency

CITE THIS PAPER

Ye Liu, Yuanhao Ban, Research on the Impact of Public Data Access on Financial Transparency. Information Systems and Economics (2024) Vol. 5: 50-55. DOI: http://dx.doi.org/10.23977/infse.2024.050107.

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