OECD Journal on Budgeting

Frequency
3 times a year
ISSN: 
1681-2336 (online)
ISSN: 
1608-7143 (print)
http://dx.doi.org/10.1787/16812336
Hide / Show Abstract

The OECD journal on public sector budgeting, published three times per year. It draws on the best of the recent work of the OECD Working Party of Senior Budget Officials (SBO), as well as special contributions from finance ministries, and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector. Now published as a part of the OECD Journal subscription package.

Also available in French
Article
 

A study on compilation and improvement of indices for legislative budgetary institutions

With focus on comparative analysis of current institutions in 60 countries You do not have access to this content

English
 
Click to Access: 
    http://oecd.metastore.ingenta.com/content/4214291ec004.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/a-study-on-compilation-and-improvement-of-indices-for-legislative-budgetary-institutions_budget-14-5jrw6591frbw
  • READ
Author(s):
Chunsoon Kim
12 Oct 2015
Pages:
29
Bibliographic information
No.:
6,
Volume:
14,
Issue:
3
Pages:
1–29
http://dx.doi.org/10.1787/budget-14-5jrw6591frbw

Hide / Show Abstract

Legislative budget institutions are established and operated in different forms according to the various political and social experiences and financial circumstances of each country. Note, however, that research studies on the causes thereof are not only few in number but also focus mostly on the fact that legislative budget institutions are determined according to the "form of government". In this light, this study establishes the comparison and analysis of the legislative budget institution of each country.
The implication of this study is as follows. Firstly, this study approaches the Legislature’s capacity from a comprehensive and three-dimensional point of view in order to compile sub-indices of each legislative budgetary institution index. In other words, this study is to approach the financial authority vested to the Legislature and the Legislature’s capacity to exercise such authority from a comprehensive point of view in measuring such indices.
Secondly, the accuracy of indices in this study has been improved by deriving relative weighting for sub-indices of each legislative budgetary institution index through AHP questionnaire surveys and analyses. In other words, AHP analysis can ensure the practicality and accuracy of measurement of indices and present a scheme to compile more universal and relevant indices. It is, however, necessary to consider sub-indices such as elements of legal system and related agencies. Also this study has a limitation in that it fails to fully explain the actual conditions of operation of institutions in the unique political, social, and economic settings of each country.

JEL Classification: H11, H50, H83
Keywords: Legislative Budget Institution, Legislative Budget Institution Index, AHP

 
Visit the OECD web site