2012•Jingji wentiRequires access

A Study on Relation between Fiscal Agriculture Expenditure and Economic Growth Mode Transformation——Dynamic Effect Analysis on Provincial Panel Data

LI Xiao-jia

Abstract

By using China's provincial panel data from 1978 to 2009,this paper has done empirical analysis on the dynamic effect of fiscal agriculture expenditure on total factor productivity(TFP).The result shows that fiscal agriculture expenditure has a positive correlation with TFP.Economic expenditure has a greater effect of TFP than social and transfer expenditure in the long run.And the effects of fiscal agriculture expenditure on TFP are different in different parts of China.

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Key concepts: Total factor productivity, Economics, Panel data, Agriculture, China, Productivity, Macroeconomics, Econometrics