Chinese local government debt on economic growth from theoretical and empirical aspects, respectively, and compares the … constructs a three-sector dynamic game model, under the two circumstances of whether local government is subject to debt … constraints, and examines the relation between local government debt and economic growth and other variables through numerical …

China's slowing economic growth and rapid urbanization have made local government debt financing a significant issue … disclosure of financial information by local governments on their debt financing costs. The results show that financial … of debt financing. Furthermore, increased government economic intervention increases the strength of the association …