Ding, Chengri; Niu, Yi; Lichtenberg, Erik - In: China Economic Review 31 (2014) C, pp. 265-276
The paper examines the spending preferences of local governments on land revenues by developing an indirect approach in which public sector outcomes are regressed with land revenues, the most dominant source for off-budget incomes. By doing so, we are able to overcome the issue of unavailable...