Dynamic Analysis of Endogenous Growth Models with Fiscal Decentralization and Local Government Debt

被引：0
|
作者：
He, Jun [1 ]
Liu, Liang-liang [1 ]
Cao, Su [1 ]
Zhang, Yu-juan [2 ]
Tang, Shu-yi [1 ]
机构：
[1] Univ Sci & Technol China, Sch Management, Hefei, Peoples R China
[2] Anhui Jianzhu Univ, Sch Management, Hefei, Peoples R China
来源：
PROCEEDINGS OF THE 2016 INTERNATIONAL CONFERENCE ON SOCIAL SCIENCE, HUMANITIES AND MODERN EDUCATION (SSHME 2016) | 2016年 / 67卷
关键词：
Endogenous growth; fiscal decentralization; local government debt;
D O I：
暂无
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
The government debt issues have received extensive attention around the world. Basing on endogenous growth theory, this study uses the Hamilton function method to obtain the explicit solution of fiscal revenue decentralization, fiscal expenditure decentralization, and local government debt. Through partial derivative, our findings demonstrate the following: fiscal revenue decentralization has a negative effect on local government debt; fiscal expenditure decentralization has a positive effect on local government debt. Finally, policies and recommendations are proposed.
引用
收藏
页码：219 / 223
页数：5
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