IDEAS home Printed from https://ideas.repec.org/a/fru/finjrn/210409p122-138.html
   My bibliography  Save this article

Methodological Aspects of Compiling Open Budget Rankings

Author

Listed:
  • Yuriy V. Belousov

    (Financial Research Institute, Moscow 127006, Russian Federation)

  • Olga I. Timofeeva

    (Financial Research Institute, Moscow 127006, Russian Federation; Financial University under the Government of the Russian Federation, Moscow 125993, Russian Federation)

Abstract

Budget transparency is an effective tool in improving the quality of public budget executions. Ranking countries, regions and municipalities based on budget transparency is of interest for scientists and professionals in the whole world, including Russia. Methodologies behind budget transparency are a rather complex tool, the quality of which largely affects the results. This paper analyzes the available and applied ranking methodologies — in particular, the Open Budget Index (OBI) by the International Budget Partnership (IBP), transparency indices of local budgets in Kazakhstan and Croatia, and the ranking of the Russian Federation’s constituent territories by the level of budget data openness. During the analysis we identified the methodological principles of each of the considered approaches, their differences and similarities. Special attention was paid to problematic issues of the International Budget Partnership’s methodology. It is especially important to specify these problems, as the IBP methodology is a model in measuring the level of budget transparency. By using the ranking of Russian regions in terms of budget transparency levels, we demonstrate how to use special techniques and methods targeted at improving the quality of managing public fiscal performance.

Suggested Citation

  • Yuriy V. Belousov & Olga I. Timofeeva, 2021. "Methodological Aspects of Compiling Open Budget Rankings," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 4, pages 122-138, August.
    • Handle: RePEc:fru:finjrn:210409:p:122-138
    DOI: 10.31107/2075-1990-2021-4-122-138
    as

    Download full text from publisher

    File URL: https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2021/4/statii/09_4_2021_v13.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.31107/2075-1990-2021-4-122-138?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Paolo de Renzio & Joachim Wehner, 2017. "The Impacts of Fiscal Openness," The World Bank Research Observer, World Bank, vol. 32(2), pages 185-210.
    2. de Renzio, Paolo & Wehner, Joachim, 2017. "The impacts of fiscal openness," LSE Research Online Documents on Economics 82521, London School of Economics and Political Science, LSE Library.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Qiuxia Yang, 2020. "Fiscal Transparency and Public Service Quality Association: Evidence from 12 Coastal Provinces and Cities of China," JRFM, MDPI, vol. 14(1), pages 1-14, December.
    2. Ali Farazmand & Elina Simone & Giuseppe Lucio Gaeta & Salvatore Capasso, 2022. "Corruption, lack of Transparency and the Misuse of Public Funds in Times of Crisis: An introduction," Public Organization Review, Springer, vol. 22(3), pages 497-503, September.
    3. Lobna M. Abdellatif & Mohamed Zaky & Mohamed Ramadan, 2019. "Transparency of law making and fiscal democracy in the Middle East," Public Sector Economics, Institute of Public Finance, vol. 43(1), pages 49-77.
    4. Claudio Columbano, 2022. "Measuring fiscal guidance transparency," Public Sector Economics, Institute of Public Finance, vol. 46(2), pages 261-296.
    5. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    6. Nada Azmy ElBerry & Stijn Goeminne, 2021. "Fiscal transparency, fiscal forecasting and budget credibility in developing countries," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 40(1), pages 144-161, January.
    7. Cicatiello, Lorenzo & De Simone, Elina & Ercolano, Salvatore & Gaeta, Giuseppe Lucio, 2021. "Assessing the impact of fiscal transparency on FDI inflows," Socio-Economic Planning Sciences, Elsevier, vol. 73(C).
    8. Josip Grgić, 2021. "Impact of transport infrastructure on local development in Dalmatia," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(3), pages 527-558, June.
    9. Gootjes, Bram & de Haan, Jakob, 2022. "Do fiscal rules need budget transparency to be effective?," European Journal of Political Economy, Elsevier, vol. 75(C).
    10. Shaopeng Zhang & Xiaohong Wang, 2022. "Effects of Local Government Behavior on University–Enterprise Knowledge Flow: Evidence from China," Sustainability, MDPI, vol. 14(18), pages 1-16, September.
    11. Mancini, Anna Laura & Tommasino, Pietro, 2023. "Fiscal rules and the reliability of public investment plans: Evidence from local governments," European Journal of Political Economy, Elsevier, vol. 79(C).

    More about this item

    Keywords

    public finance; regional finance; budget; open (transparent) budget; open budget data; open budget index; budget transparency ranking;
    All these keywords.

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fru:finjrn:210409:p:122-138. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gennady Ageev (email available below). General contact details of provider: https://edirc.repec.org/data/frigvru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.