Chen, Chien-Hsun; Wu, Hsiu-ling - In: Journal of Developing Areas 41 (2008) 2, pp. 119-135
This paper sets out to examine the impact of the fiscal contract system on economic growth in China’s different provinces. Empirical testing is conducted using the error components model and pooled cross-section (provinces) and time-series data from 1989 to 1993. The empirical results for the...