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FISCAL ILLUSION IN THAI PUBLIC FINANCIAL ADMINISTRATION: AN ANALYSIS OF THE VOTER'S PERSPECTIVE IN THE 2011 GENERAL ELECTION |
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| รหัสดีโอไอ | |
| Creator | Weerasak Krueathep Krueathep |
| Title | FISCAL ILLUSION IN THAI PUBLIC FINANCIAL ADMINISTRATION: AN ANALYSIS OF THE VOTER'S PERSPECTIVE IN THE 2011 GENERAL ELECTION |
| Publisher | School of Development Economic |
| Publication Year | 2555 |
| Journal Title | Development Economic Review |
| Journal Vol. | 6 |
| Journal No. | 1 |
| Page no. | 37 |
| Keyword | Fiscal illusion, public opinion on fiscal choices, fiscal transparency |
| ISSN | 1906-2540 |
| Abstract | Although fiscal illusion has appeared widely in the public finance literature, only few studies attempted so far to explore its characteristics and effects on the voter's fiscal preferences. This paper, therefore, analyzes fiscal illusion in Thai public financial context, using a sample of 1,320 eligible voters in the 2011 general election. The findings indicate that fiscal illusion prevails among general voters and is likely to distort their tax and budgetary choices. This indicates the fiscal sustainability risk and calls for the simplification and transparency of Thai public financial administration so that they would enhance appropriate fiscal attitudes for the democratic constituency. |