지자체의 재정력에 따른 선택적 재정지출이 재정운영결과에 미치는 영향 : 행정단위에 따른 조절된 매개효과 분석

This study empirically confirmed that the difference in financial capacity after the introduction of the Double-entry and Accrual-based Governmental Accounting system influenced local governments to make fiscal expenditures selectively, and that selective fiscal expenditure could affect net operating costs. For this purpose, a comprehensive analysis model was established to verify the indirect causal path between the financial power of local governments and the results of financial management due to the mediating effect of selective financial expenditure by referring to the model of Barron and Kenny (1986). The analysis results are as follows. First, it was shown that the higher the financial autonomy rate of local governments, the lower the operating expenditure rate, which means that local governments with good financial capacity may have selective fiscal spending to reduce the cost. Second, there is a negative causal relationship between the operating expenditure rate and the net operating balance ratio, which means that in terms of cost management, local governments' reduction of expenditure included in the cost by accounting classification has the effect of improving net operating costs. Third, fiscal capacity has an indirect influence on net operating costs by using selective financial expenditure as a mediation variable. Fourth, the indirect effect of fiscal capacity on net operating costs was found to be greater in the basic local government than in the regional local government. According to the analysis results, it is highly likely that the better the local government's fiscal capacity, the easier it is to reduce the cost items, and that the gap in net operating costs will be entrenched by the local government's financial power. In addition, the gap between the results of financial operation is expected to become more serious on the basic local government.