Research on FESTs, Fiscal Transparency and Media Coverage: Evidence from China

10 Pages Posted: 19 Apr 2021 Last revised: 27 May 2021

See all articles by Shujun Jiang

Shujun Jiang

Henan Polytechnic University

Yizhi Wang

Trinity College (Dublin) - Trinity Business School

Jiangtao Xie

Trinity College (Dublin) - Trinity Business School

Date Written: April 14, 2021

Abstract

This empirical research sheds light on the internal mechanism of government fiscal transparency, media coverage, and the efficiency fiscal expenditures on science & technology (FESTs). Research findings show that fiscal transparency and media coverage have a significant positive effect on the efficiency of FESTs. Moreover, media coverage has a partial mediatory effect on the relationship between fiscal transparency and fiscal expenditures on science & technology. To improve the efficiency of FESTs, government departments should formulate reasonable regulations on the disclosure of government fiscal information and invite the media to act as an external supervisor in order to strengthen fiscal transparency. We suggest the implications can be used for academic, policy, and practice-driven research and practice.

Keywords: Fiscal transparency; Media coverage; Fiscal Expenditures on Science and Technology

JEL Classification: G28

Suggested Citation

Jiang, Shujun and Wang, Yizhi and Xie, Jiangtao, Research on FESTs, Fiscal Transparency and Media Coverage: Evidence from China (April 14, 2021). Available at SSRN: https://ssrn.com/abstract=3826349 or http://dx.doi.org/10.2139/ssrn.3826349

Shujun Jiang

Henan Polytechnic University ( email )

China
15839125947 (Phone)

Yizhi Wang (Contact Author)

Trinity College (Dublin) - Trinity Business School ( email )

Aras an Phiarsaigh
College Green
Dublin, Leinster D2
Ireland

Jiangtao Xie

Trinity College (Dublin) - Trinity Business School ( email )

Aras an Phiarsaigh
College Green
Dublin, Leinster D2
Ireland

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
20
Abstract Views
211
PlumX Metrics