Showing 1 - 10 of 1,206
Persistent link: https://www.econbiz.de/10011500819
This paper examines how fiscal incentives affect the policy choices of local governments in the context of China. Based on exogenous changes in the intergovernmental revenue sharing scheme, we construct a simulated instrumental variable to resolve the endogeneity problem. We find evidence that...
Persistent link: https://www.econbiz.de/10013022519
The recent policy literature on fiscal federalism in China has concentrated on the large “vertical fiscal gap” resulting in inadequate local provision of public goods and services. Thus there is an evident interest in giving local governments more taxing powers. After a brief historical...
Persistent link: https://www.econbiz.de/10013107447
This paper investigates the impact of inequality in the geographic distribution of fiscal resources on regional economic growth under fiscal decentralization policy in the context of China’s experience, using panel data for 28 provinces over the period 1987–2010. In the recent past, the...
Persistent link: https://www.econbiz.de/10014084854
For decades, rapid urban expansion has led to concerns over the loss of cultivated land in rural China. This contrasts sharply with another salient feature of the Chinese land policy reform landscape that has gone on largely unnoticed - the addition of newly cultivated land in China through land...
Persistent link: https://www.econbiz.de/10013068713
For decades, rapid urban expansion has led to concerns over the loss of cultivated land in rural China. This contrasts sharply with another salient feature of the Chinese land policy reform landscape that has gone on largely unnoticed - the addition of newly cultivated land in China through land...
Persistent link: https://www.econbiz.de/10008811139
Persistent link: https://www.econbiz.de/10013188154
Full implementation of an intergovernmental transfer system based on revenue capacities and expenditure needs could significantly improve both redistribution and equity objectives of the Chinese authorities. This was envisaged in the 1994 fiscal reforms, but the authorities were unable to...
Persistent link: https://www.econbiz.de/10012783167
We present a novel account of China's recent move to decentralize legislation through amending the Law on Legislation (LL). Conventional wisdom pervading both Chinese political discourse and social scientific scholarship on China portrays law as incompatible with experimentation and as only...
Persistent link: https://www.econbiz.de/10012888943
Although a successor to the 1997 Kyoto Protocol has not materialised yet, the 2009 Copenhagen meeting underlined the importance of China in international debates on climate and energy. This is not only based on China’s current climate emissions, but also on its expected energy use and economic...
Persistent link: https://www.econbiz.de/10014045402