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Effects of One-Sided Fiscal Decentralization on Environmental Efficiency of Chinese Provinces

XIONG, Hang - Centre d'Études et de Recherches sur le Développement … - 2012

China’s actual fiscal decentralization is one-sided: while public expenditures are largely decentralized, fiscal … of Chinese provinces. First, environmental efficiency scores of Chinese provinces are calculated with SFA for the period …. These results suggest that the one-sided fiscal decentralization in China may have regressive environmental effects and …

Persistent link: https://www.econbiz.de/10009649809

Growth of GRP in Chinese Provinces. A Test for Spatial Spillovers.

Sandberg, Krister - 2004

This paper examines the provincial pattern of growth in China during the period 1985–2000, testing the hypothesis that provinces with similar growth rates are more spatially clustered than would be expected by chance. The provincial economic growth is explained by the distribution of...

Persistent link: https://www.econbiz.de/10011319014

Technical change and total factor productivity growth: the case of Chinese provinces

Heshmati, Almas; Kumbhakar, Subal C. - 2010

In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...

Persistent link: https://www.econbiz.de/10010269407

Does accounting for spatial effects help forecasting the growth of Chinese provinces?

Girardin, Eric; Kholodilin, Konstantin Arkadievich - 2009

In this paper, we make multi-step forecasts of the annual growth rates of the real GRP for each of the 31 Chinese provinces simultaneously. Beside the usual panel data models, we use panel models that explicitly account for spatial dependence between the GRP growth rates. In addition, the...

Persistent link: https://www.econbiz.de/10010274376

Relationship between the Real Estate Sector and the Stock Market in Chinese Provinces

Di, Zeyu; Heshmati, Almas; Liu, Sijia - 2022

In China, real estate and the stock market are the two main markets favored by both individual and institutional investors. There is a significant economic link between the two. Therefore, their relationship and long-term and short-term causality can provide good guidance for investors. This...

Persistent link: https://www.econbiz.de/10013351746

Capital's long march west: Saving and investment frictions in Chinese regions

Cudré, Samuel - 2014

While China has been pivotal in discussions and academic research on global imbalances, little is known about macroeconomic external imbalances among Chinese regions and the factors driving them. We use aggregate regional data and estimate provincial total factor productivity growth over...

Persistent link: https://www.econbiz.de/10011282498

A provincial view of global imbalances: Regional capital flows in China

Cudré, Samuel; Hoffmann, Mathias - 2014

We model capital flows among Chinese provinces using a theory-based variance decomposition that allows us to gauge the importance of various channels of external adjustments at the regional level: variation in intertemporal prices-domestic and international interest rates and the real exchange...

Persistent link: https://www.econbiz.de/10011282500

Pollution Across Chinese Provinces

Co, Catherine Yap; Kong, Fanying; Lin, Shuanglin - 2008

We revisit the environmental Kuznets curve (EKC) hypothesis using 1987-1995 data for Chinese provinces. A comparison of off-sample (1996-2004) predictions to actual emissions indicates that more stringent rules are still needed to fight industrial (waste water and dust) pollution. Auxiliary...

Persistent link: https://www.econbiz.de/10011807629

The Impact of Bank and Non-Bank Financial Institutions on Local Economic Growth in China

Cheng, Xiaoqiang; Degryse, Hans - 2006

This paper shows that banking development spurs growth, even in a country with a high growth rate such as China. Employing data of 27 Chinese provinces over the period 1995-2003, we study whether the financial development of two different types of institutions ?banks and non-bank financial...

Persistent link: https://www.econbiz.de/10010313265

The impact of banks and non-bank financial institutions on local economic growth in China

Cheng, Xiaogiang; Degryse, Hans - 2007

This paper provides evidence on the relationship between finance and high growth in China. Employing data for 27 Chinese provinces over the period 1995-2003, we assess the impact of banks and non-bank financial institutions on local economic growth. We argue that banks have had a larger impact...

Persistent link: https://www.econbiz.de/10012148544

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