Peiyong, Gao; Zhen, Jiang - In: China Political Economy (CPE) 1 (2018) 1, pp. 84-99
trend, while the tax elasticity coefficient has declined rapidly. Second, fiscal expenditure has risen against the tendency …, while the rigidity of expenditure has kept on increasing. Findings Considering the present fiscal and taxation system reform … growth rate, fiscal expenditure rising against trend and increases in fiscal deficit and government debts will be faced. The …