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economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces … that fiscal decentralization could improve regional growth in China. Finally, this paper finds that the use of extra …
Persistent link: https://www.econbiz.de/10014084854
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local TFP dynamics, and regional inequality itself generates...
Persistent link: https://www.econbiz.de/10014456599
economics models do not fully capture the impact of political institutions, particularly fiscal decentralization, on urban size … decentralization, in conjunction with political control, portends a more complex environment for urban agglomeration and offers a new … wherein fiscal decentralization is negatively associated with urban agglomeration. Such phenomena can be attributed to the …
Persistent link: https://www.econbiz.de/10012912209
literature to examine the impacts of fiscal decentralization and fiscal equalization, both measured at the sub-provincial level …, on intra-provincial inequality in China. While fiscal decentralization offers significant advantages regarding public … line with our theoretical hypotheses, we find that while fiscal decentralization at the sub-provincial level in China leads …
Persistent link: https://www.econbiz.de/10012985257
even when we control for the conventional measure of fiscal decentralization. Finally, we compare federalism, Chinese style …
Persistent link: https://www.econbiz.de/10014059970
China’s regions have been experiencing impressive growth over the past decades, but their potentials could be better exploited by creating a single product and labour market. Local protectionism increases transaction costs and hinders competition, thereby taking a toll on productivity....
Persistent link: https://www.econbiz.de/10012111062
featuring fiscal decentralization, local governments as custodians of land use and development, along with a land development …
Persistent link: https://www.econbiz.de/10013068713
featuring fiscal decentralization, local governments as custodians of land use and development, along with a land development … to encourage agricultural land development. -- land development allowance, fiscal decentralization, inter …
Persistent link: https://www.econbiz.de/10008811139
The People's Republic of China's (PRC) fiscal system is characterized by very high expenditure decentralization and …
Persistent link: https://www.econbiz.de/10015060968
Persistent link: https://www.econbiz.de/10011791434