Designing a Quantitative Model for Measuring Justice in Financial Resource Allocation Using Public Policymaking (Case Study: Ministry of Economic Affairs and Finance)
Keywords:
Model design, justice measurement, financial resource allocation, policy making, Ministry of Economic Affairs and FinanceAbstract
The aim of this study is to design a quantitative model for measuring equity in financial resource allocation through public policy-making, with a case study on Iran’s Ministry of Economic Affairs and Finance. This study employs a descriptive-survey method, categorized as applied in purpose and cross-sectional in time. The statistical population included 548 staff members, experts, and senior officials in the Ministry. Using stratified random sampling, 225 individuals were selected. Data were collected using a structured questionnaire covering five dimensions: transparency, equity, efficiency, accountability, and procedural justice. Data analysis was conducted using PLS software, and the instrument's validity and reliability were confirmed through construct validity, convergent and discriminant validity, and Cronbach’s alpha. The results indicated that all model dimensions (transparency, equity, efficiency, accountability, and procedural justice) had a statistically significant impact on financial resource allocation equity. Path coefficients and T-statistics confirmed the model’s strength. Notably, accountability and equity had the highest influence on promoting justice in financial allocation. This study concludes that achieving justice in financial resource allocation requires focusing on transparency, equity, efficiency, accountability, and procedural fairness in policy-making processes. Implementing the proposed model can improve financial decision-making, enhance public trust, and reduce social and economic inequalities.
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