An Empirical Study of the Impact of Decentralization Reform on Economic Growth

China′s decentralization reform is a triple decentralization process of fiscal decentralization,administrative decentralization and economic decentralization.We can not accurately confirm the economic growth effects of decentralization reforms just by using the single-dimension indicators.This paper constructs a multi-dimensional indicator system of Chinese-style decentralization,uses provincial government panel data from 1998 to 2011to analyze the impact of China′s decentralization reforms on economic growth empirically.The results showed that:Chinese-style decentralization indeed promoted local economic growth as a whole,but different dimensions of decentralization had different impacts on China′s economic growth.Moreover,the economic growth effects of decentralization has significant regional differences,and this effects in eastern region is higher than the central and western regions.