In this paper, the impact of fiscal decentralization on China's environmental quality is investigated both theoretically and empirically. Hafeez, Muhammad The test has an appealing least squares interpretation. We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Drawing lessons from history, economic analysis, and practice, Lin examines how the countries that have succeeded in developing their own economies have actually done it. Since then, China has joined the rank of East Asian NIEs and achieved an average annual growth rate of 9.6 per cent, while the price level has been relatively stable (see Figure 8.1). Regional Equality and National Development in China: Is There a Trade-Off? Today, the Journals Division publishes more than 70 journals and hardcover serials, in a wide range of academic disciplines, including the social sciences, the humanities, education, the biological and medical sciences, and the physical sciences. This estimator does not depend on a formal model of the structure of the heteroskedasticity. Fiscal constitutions Chapter 3. Central–provincial budgetary relations are among the most significant, intricate and obscure facets of Chinese governmental procedures. county-level panel dataset over 2001–2011, we find that the reform has led to a significant increase in GDP growth rate. China has a tradition of decentralization below the provincial level owing to close government-enterprise interaction at the county and township levels. Indeed, Lin and Liu (2000) drawing on the 1980s fiscal decentralization initiated in China found support for positive effects on economic growth. 0000004221 00000 n Tillaguango, Brayan Fiscal decentralization and economic growth in China. This is consistent with the hypothesis that fiscal decentralization increases economic efficiency. h�b```f``�``2v12 � P���á������H� Y Y6�:�x�?2�2(��m��aѼr��?C� ��m�&���S�� Ullah, Sana Current issues are now on the Chicago Journals website. China has a population of 1.2 billion people and covers an area of 9.6 million square kilometers. Countries need to identify and facilitate the development of those industries where they have a comparative advantage--where they can produce products most effectively--and use them as a basis for development. Usage data cannot currently be displayed. Bashir, Arooj The findings are robust to alternate specifications. 355 0 obj <>/Filter/FlateDecode/ID[<91B52108946C384681E67A51747BC65F>]/Index[342 34]/Info 341 0 R/Length 77/Prev 568060/Root 343 0 R/Size 376/Type/XRef/W[1 2 1]>>stream By using estimators of fixed effect (FE), random effect (RE) and the system generalized method of moments (SGMM) for panel data; we find that economic growth is positively affected by both expenditure decentralization and tax revenue decentralization. Crossref reports the following articles citing this article: Peking University and Hong Kong University of Science and TechnologyState University of New York at Buffalo, Fiscal Planning to Sustain Growth and Poverty Reduction, https://doi.org/10.1017/9781108859448.012, Regional competition, environmental decentralization, and target selection of local governments, https://doi.org/10.1016/j.scitotenv.2020.142536, Moderating effects of corruption and informality on the fiscal decentralization—economic growth nexus: Insights from OECD countries, Economic Growth by Means of Fiscal Decentralization: An Empirical Study for Federal Developing Countries, Of free markets and a secular mind: the value of economic decentralization and individual secular values in entrepreneurship, https://doi.org/10.1007/s11187-020-00401-4, Fiscal decentralization, environmental regulation, and pollution: a spatial investigation, https://doi.org/10.1007/s11356-020-09522-5, Theory and measurement model of administrative region potential from a perspective of administrative division adjustment: Taking Chongqing city as a case study, https://doi.org/10.1007/s11442-020-1785-9, Determinants of Public-Private Partnership Adoption in Solid Waste Management in Rural China, Crisis governance, Chinese style: distinctive features of China’s response to the Covid-19 pandemic, https://doi.org/10.1080/25741292.2020.1799911, Fiscal decentralization and the imbalance between consumption and investment in China, https://doi.org/10.1007/s00168-020-01006-1, The relationship between energy consumption and fiscal decentralization and the importance of urbanization: Evidence from Chinese provinces, https://doi.org/10.1016/j.jenvman.2020.110474, Value relevance of the new environmental enforcement regime in China, https://doi.org/10.1016/j.jcorpfin.2020.101573, Ambient Air Pollution Exposure Association with Anaemia Prevalence and Haemoglobin Levels in Chinese Older Adults, Fiscal Decentralization with a Redistribution Rule vs. Fiscal Centralization, https://doi.org/10.17233/sosyoekonomi.2020.02.06, China's fiscal decentralization and environmental quality: theory and an empirical study, https://doi.org/10.1017/S1355770X19000263, Localization, urbanization and globalization: Dynamic manufacturing specialization in the YRD mega-city conglomeration, https://doi.org/10.1016/j.cities.2020.102641, Looking back over the past two decades on the nexus between air pollution, energy consumption, and agricultural productivity in China: a qualitative analysis based on the ARDL bounds testing model, https://doi.org/10.1007/s11356-019-07501-z, Environmental decentralization, local government competition, and regional green development: Evidence from China, https://doi.org/10.1016/j.scitotenv.2019.135085, The impact of unequal regional distribution of fiscal resources on China’s post‐reform economic growth, Clans, entrepreneurship, and development of the private sector in China, https://doi.org/10.1016/j.jce.2019.08.008, FISCAL DECENTRALIZATION AND ECONOMIC GROWTH OF VIETNAMESE PROVINCES: THE ROLE OF LOCAL PUBLIC GOVERNANCE, The Impact of State-Owned Enterprises on China’s Economic Growth, Impact of income inequality and fiscal decentralization on public health: Evidence from China, https://doi.org/10.1016/j.econmod.2020.02.034, Identifying and disentangling the impact of fiscal decentralization on economic growth, https://doi.org/10.1016/j.worlddev.2019.104742, Spatial inequality in the city-regions in the Yangtze River Valley, China, Does administrative decentralization enhance economic growth?

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