The tradeoff between growth and equity in decentralization policy: China's experience

被引:101
|
作者
Qiao, Baoyun [2 ]
Martinez-Vazquez, Jorge [1 ]
Xu, Yongsheng [1 ]
机构
[1] Georgia State Univ, Dept Econ, Andrew Young Sch Policy Studies, Atlanta, GA 30302 USA
[2] Cent Univ Finance & Econ, Sch Publ Finance & Publ Policy, Beijing, Peoples R China
关键词
economic growth; regional equity; fiscal decentralization; China;
D O I
10.1016/j.jdeveco.2007.05.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the potential tradeoff between economic growth and regional equity in the design of fiscal decentralization policy in the context of China's experience. We develop a theoretical model of fiscal decentralization, where overall national economic growth and equity in the regional distribution of fiscal resources are the two objectives pursued by the central government. The model is tested using panel data for 1985-98. We find that fiscal decentralization in China has led to economic growth as well as to significant increases in regional inequality. (C) 2007 Elsevier B.V. All rights reserved.
引用
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页码:112 / 128
页数:17
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