Study On The Actual Effect Of Information Disclosure

In recent years, China’s economy continues to become stable, the reform of the tentacles extend to the politics, the government is increasing emphasis on the public’s demand for information disclosure. We have done some research in this article from the perspective of the influence of information disclosure on the efficiency of government expenditure, in order to clarify the relationship and interaction mechanism between the degree of government information disclosure and the efficiency of government expenditure, so as to investigate the actual effect of information disclosure, and put forward suggestions.Through the review of domestic and foreign literature, it is found that the existing research on the government information disclosure and transparency tends to focus on the theoretical level, or the macro direction, the empirical study of the specific local government is not much. It’s famous in China that the 《China financial transparency report》, which is published by the public policy research center of Shanghai University of Finance and Economics, but the research on its effect is little In addition, the empirical research on the relevance of information disclosure and government efficiency is close to the blank, so it is necessary to study the information disclosure and the government’s efficiency. The study of the relationship between the information disclosure and the government efficiency of the provinces is very helpful to the comprehensive improvement of our government work.The core part of this paper is the mechanism of information disclosure to the government expenditure efficiency. In this paper, we use the data envelopment method to the evaluate the provincial government’s expenditure efficiency, and to give an analysis and discussion. At the same time, we use the financial transparency from 《the financial transparency report》of Shanghai University of Finance and Economics as a index to measure the information disclosure, and analyze the impact of the degree of information disclosure on the efficiency of government expenditure. At the base of regression we got a conclusion:the financial transparency is good to government expenditure efficiency. The conclusion provides a strong support for the significance of the government information disclosure, and provides a reference for the promotion of information disclosure.The paper is structured as follows: the first part is the background and significance, and the innovation and shortage of this paper. The second part of this paper is to sort out the existing literature. The third part is the theoretical analysis of the information disclosure to the efficiency of government expenditure.The fourth part we introduced the data envelopment analysis method, and uses this method to evaluate the efficiency of local governments. The fifth part we discussed the influence of information disclosure, from the empirical analysis, on the efficiency of government expenditure. At last, we provide a conclusion and put forward suggestions and expectation as the sixth part.