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This is the date set used for Deininger, Klaus & Squire, Lyn, 1996. "A New Data Set Measuring Income Inequality," World Bank Economic Review, World Bank Group, vol. 10(3), pages 565-91, September. This data set is the product of a joint effort of Hongyi Li, Lyn Squire, Tao Zhang, and Heng-fu Zou...
Persistent link: https://www.econbiz.de/10010819254
This study of China demonstrates how the allocation of fiscal resources between the central and local governments has affected economic growth since reforms began in the late 1970s. We find that a higher degree of fiscal decentralization of government spending is associated with lower provincial...
Persistent link: https://www.econbiz.de/10009209780
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In this paper, we present an analytical model for examining the growth impact of intergovernmental and intersectoral allocation of public expenditure. The model helps us quantify the role of fiscal decentralization in regional economic growth and identify whether central and local allocation of...
Persistent link: https://www.econbiz.de/10009322964
The negative association between fiscal decentralization and provincial economic growth has been found to be consistently significant and robust in China. For India, however, we have found that fiscal decentralization is positively, and even statistically significantly, associated with state...
Persistent link: https://www.econbiz.de/10009150755
It is puzzling why China has one of the highest investment rates in the world. In 1994 China introduced a new fiscal system. Using this natural experiment and the dynamic provincial panel data during the following period 1995-2002, we find that fiscal decentralization has a significant, positive...
Persistent link: https://www.econbiz.de/10010819246
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We build a growth model with status preference to explore the effects of patent protection on innovation and social welfare. The main results are as follows. There exists a non-monotonic relationship between patent protection and innovation, and the growth-rate-maximizing degree of patent...
Persistent link: https://www.econbiz.de/10010819250