THE MEASUREMENT OF CHINA'S FISCAL DECENTRALIZATION AND ITS REGIONAL DISPARITY——BASED ON THE PANEL DATA OF THE YEAR 1979—2008
Liu Han-fei
Abstract
Liu Han-fei
Abstract
This paper aims to investigate the extent of China's fiscal decentralization after 1978.We target a specific design,use the annual panel data of China's provincial areas and four regions(the east,the northeast,the central and the west) from 1979 to 2008 and quantify the degree of fiscal decentralization.Finally,we get the average degrees of fiscal decentralization of China's provincial units as well as its regional disparity,so that we can have a deep understanding of China's fiscal decentralization.
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This paper aims to investigate the extent of China's fiscal decentralization after 1978.We target a specific design,use the annual panel data of China's provincial areas and four regions(the east,the northeast,the central and the west) from 1979 to 2008 and quantify the degree of fiscal decentralization.Finally,we get the average degrees of fiscal decentralization of China's provincial units as well as its regional disparity,so that we can have a deep understanding of China's fiscal decentralization.
Key concepts: Decentralization, China, Panel data, Economics, Economic system, Geography, Econometrics, Market economy