政府治理、会计信息质量与经济增长研究

Government Governance, Accounting Information Quality and GDP Growth

基于微观企业会计信息,本文构建了地区层面的会计信息质量,并考察了其在宏观层面的资源配置效应。研究发现,会计信息质量显著地提高了宏观经济的资源配置效率,会计信息质量越高的地区,其经济增长越快。而且良好的外部治理环境有助于发挥会计信息质量的宏观资源配置效应。在政府干预弱、金融发展水平高和政治环境稳定的地区,会计信息质量在宏观层面的资源配置效率更高,经济增长更快。本文研究结论说明微观会计信息具有宏观资源配置决策价值,同时有助于从微观视角增进对宏观经济增长决策机制的理解。

Based on micro-firm accounting information, the paper constructs the accounting information quality at the district level, and then examines its effect on resource allocation at the macro level. The paper finds that the accounting information quality significantly improves the resource allocation efficiency, the better the accounting information quality, the faster the GDP growth. Meanwhile, friendly external environment helps to improve the resource allocation efficiency. In these environments, the higher accounting information quality has a significant relationship with the GDP growth. The conclusion is that the accounting information plays a vital role in resource allocation, meanwhile helps us to understand the macro-economic growth of the decision- making mechanism from the micro perspective.