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Inter-regional spillover effects are central to China's growth policy; yet relatively little is known about the strength and duration of these spillovers and whether their characteristics have changed over time. This article examines the spillover of output between the three commonly considered...
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Inter-regional disparities in China have been an important concern for central-government policy-makers for most of the past 60years. One of the main policy instruments for redressing the imbalance between the prosperous coastal region and the poorer inland region has been the allocation of...
Persistent link: https://www.econbiz.de/10010875339
China has promised to cut CO2 emissions per unit of GDP 40-50% by 2020. It is almost certain that the reduction in emissions will have negative effects on the economy; moreover, the effects are likely to differ across regions, given that there is considerable heterogeneity among Chinese regions....
Persistent link: https://www.econbiz.de/10010934838
The rate of economic growth in China over the last 50 years has been remarkable. However this has only highlighted the inequalities between regions in China, making for considerable disquiet at the highest levels of Chinese policy-making. Not everyone has benefited from the same levels of...
Persistent link: https://www.econbiz.de/10011273419
China’s pension system is in need of comprehensive reform in that it is fragmented in its coverage and significantly under-funded. Attempts to improve the coverage will likely exacerbate the financial strains. Thus it is urgent to improve the financial sustainability of the system and one...
Persistent link: https://www.econbiz.de/10011261551
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Fiscal decentralisation has been an important part of the restructuring of China’s economy over the past three decades. Yet, there has been only limited analysis of the way in which decentralisation in China might affect variables such as welfare, output and income at the aggregate level and...
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