Jin, Jing; Shen, Chunli; Zou, Heng-fu - In: Annals of Economics and Finance 13 (2012) 1, pp. 53-90
This paper sheds light on the heavy financial burden on peasants in China's fiscal decentralization system. Using a … political economy framework, this paper explores the tax-farming nature of China's fiscally decentralized system and examines … hierarchy financed by a tax-farming system in China, fails to contain the exploitative behavior of local officials, which …