Shen, Chunli; Jin, Jing; Zou, Heng-fu - In: Annals of Economics and Finance 13 (2012) 1, pp. 1-51
Fiscal decentralization has been a fundamental aspect of China's transition to a market economy; and the country has made substantial efforts to break down its highly centralized fiscal management system with various forms of fiscal contracting systems (1978-1993) and later a tax sharing system...