Research On The Improvement Of Budget Performance Management Reform On The Level Of Basic Public Services

Budget performance management is an important component of government performance management and a necessary condition for building a modern financial system.Currently,budget performance management has entered the whole process of budget performance management reform,and performance management plays an important role in promoting the construction of modern financial systems,optimizing resource allocation,and promoting social fairness and justice.In the 2022 government work report,it was proposed to focus on solving the people’s livelihood issues that are of widespread concern to the people.In the 2023 government work report,it was again emphasized that it is necessary to strengthen the basic people’s livelihood and hold the bottom line of people’s livelihood.However,in the face of the increasing downward financial pressure and sluggish economic growth in the post epidemic era,financial expenditure has continued to grow,and budget performance management is not only an important tool to alleviate financial pressure,It is also a driving force for China to move towards common prosperity.However,the research on the impact of budget performance management reform on the level of basic public services and its approaches has not yet attracted enough attention from the academic community.Therefore,based on the above background,this article explores the effects of budget performance management reform in the field of basic public services,with a view to providing suggestions for improving the level of basic public services.This article selects budget performance management and basic public service levels as the core themes,and uses relevant theories as support.Using provincial data from 2000-20021,it constructs a progressive DID empirical model to analyze the impact of budget performance management reform on basic public service levels.Firstly,based on public product theory,public principal-agent theory,and financial performance evaluation theory,this paper reveals the logical relationship between budget performance management reform and the level of basic public services at the provincial level.Secondly,the practice of budget performance management reform was systematically reviewed,and the reform was divided into three stages: initial exploration,gradual advancement,and comprehensive development.It was found that budget performance evaluation management was gradually deepened,and performance target management was continuously strengthened;Then,select five primary indicators,including education,medical care,employment,social security,and the environment,and 24 secondary indicators to establish an indicator system for the level of basic public services.Use the entropy method to calculate specific values.Based on the calculation results,analyze the current situation of basic public services.The results indicate that the level of basic public services has significantly improved in the past 20 years,and the differences between regions have decreased,but there are still regional disparities in development The current level of development is insufficient.Finally,this article also constructs a multi time point DID model,using industrial structure,transfer payments,per capita budget expenditure,fiscal dependency,economic development level,and population as control variables to explore the relationship and time effects between budget performance management and basic public services.The research finds that:(1)budget performance management reform can effectively improve the level of basic public services,and this effectiveness showed an upward trend in the first four years of the reform,and began to decline in the fifth year;After the placebo test,replacement of the explained variable,exclusion of the competitive hypothesis of the transfer payment system and the registered residence system,and the robustness test of regression in different time periods,the basic regression results were verified to be robust.At the same time,this conclusion has passed the endogenous test of reverse causality and missing variables.(2)Through grouping regression empirical analysis,it is concluded that the channel variables for the improvement effect of budget performance management reform on the level of basic public services are fiscal expenditure efficiency and fiscal transparency.The reform increases fiscal expenditure efficiency and fiscal transparency,thereby improving the level of basic public services.(3)The effect of budget performance management reform on improving the level of basic public services is better in the eastern region than in the central and western regions,and better in economically developed regions than in economically backward regions.Based on empirical conclusions and the current economic development background,the following suggestions are proposed: deepen the concept of budget performance,promote the establishment of long-term mechanisms,enhance the sense of responsibility of governments at all levels,and cultivate the concept of budget performance throughout the process;Optimize the setting of performance targets,improve the efficiency of government financial expenditure,build a multi-level target system,strengthen performance target review management,and increase the openness of performance targets;Strengthen the application of performance results,increase government financial transparency,broaden the scope of performance results supervision,enrich the application forms of performance results,and strengthen the construction of results application systems;Grasp the key points of reform in various regions,promote targeted budget performance reform,and help deepen reform from the perspective of regional and economic differences.