Motivating with two scenarios in which the government spending in China timely reacted to output shock within a quarter …

Background: Many Chinese literatures compared the size and structure of fiscal expenditure between China and the … structure in 2012 of China's full-covered fiscal expenditure. Furthermore, I compared the size of China's fiscal expenditure … with OECD countries. Results: I find - as China is going through the "dual-peak" period, the peak of infrastructure …