Pálmai, Gergely, Csernyák, Szabolcs and Erdélyi, Zoltán (2021) Authentic and Reliable Data in the Service of National Public Data Asset. Public Finance Quarterly = Pénzügyi Szemle, 66 (S1). pp. 52-67. DOI https://doi.org/10.35551/PFQ_2021_s_1_3
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Official URL: https://doi.org/10.35551/PFQ_2021_s_1_3
Abstract
The analysis focused on how efficient management of the national data asset is supported by the Hungarian regulatory framework concerning the use of public information, and whether public data constituting part of the national data asset can be deemed authentic and reliable to support the efforts for the digitalisation and artificial intelligence-based developments of the public sector. The analysis shows why the availability of authentic and reliable data in terms of the national data asset has outstanding significance. In support of this assertion, it presents the different levels of data asset use, the role of using artificial intelligence in the public sector, and the significance, risks and challenges of the authenticity and reliability of public data, from both a data protection and a public finance aspect. Inaccuracy, unreliability of input data predestines the generation of incorrect result products (conclusion, decision), even if the appropriate algorithm is used, which could lead to direct financial loss, for both the citizens and the state. The authors of the analysis therefore suggest that a paradigm shift is necessary in the strategies targeting the efficient use of the public sector’s data, with the necessity to record the fundamental precondition that the national data asset must be based on reliable and authentic data.
Item Type: | Article |
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Uncontrolled Keywords: | public sector, digitalisation, artificial intelligence, national data asset, efficient management, reliable and authentic data |
JEL classification: | D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption D80 - Information, Knowledge, and Uncertainty: General D81 - Information, Knowledge, and Uncertainty: Criteria for Decision-Making under Risk and Uncertainty D89 - Information, Knowledge, and Uncertainty: Other H41 - Public Goods H76 - State and Local Government: Other Expenditure Categories H89 - Public Economics: Miscellaneous Issues: Other L51 - Economics of Regulation O33 - Technological Change: Choices and Consequences; Diffusion Processes O38 - Technological Change: Government Policy |
Subjects: | Finance |
DOI: | https://doi.org/10.35551/PFQ_2021_s_1_3 |
ID Code: | 8635 |
Deposited By: | Alexa Horváth |
Deposited On: | 11 Sep 2023 12:17 |
Last Modified: | 11 Sep 2023 12:17 |
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