Fiscal incentives and policy choices of local governments: Evidence from China

Han, Li; Kung, James Kai-sing

doi:10.1016/j.jdeveco.2015.04.003

Cited by 203 publications

(76 citation statements)

References 46 publications

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“…() detect a positive relationship between the fiscal incentives of local governments and local economic growth in China. This research suggests that fiscal incentives are critical for designing fiscal decentralization policies for economic growth, which agrees with the study of Han and Kung (). In terms of political institutions, Pal and Wahhaj () observe that fiscal decentralization increases public spending across local communities with respect to local democracy and customary laws in Indonesia.…”

Section: Literature Reviewsupporting

confidence: 91%

Fiscal Decentralization and Economic Growth of Vietnamese Provinces: The Role of Local Public Governance

Thanh

Nguyen

2019

Ann Public Coop Econ

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This study offers an insight into the public governance role in the relationship between fiscal decentralization and provincial economic growth in Vietnam. Fiscal decentralization measures are assorted. Applying a sequential (two‐stage) estimation for the panel data of 62 provinces of Vietnam over the 2006–2015 period, we find that first, fiscal decentralization is positively related to the economic growth of Vietnamese provinces. Second, the effects of public governance on economic growth vary across provinces depending on various levels of local public governance. Interestingly, the effect of fiscal decentralization is strengthened when this variable is added along with better quality of public governance. In a region of high public governance quality, fiscal decentralization exerts a positive effect on its economic growth. Our findings imply that the design of fiscal decentralization needs to be associated with local governments’ ability of public governance to improve the local economic growth.

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Section: Literature Reviewsupporting

confidence: 91%

Fiscal Decentralization and Economic Growth of Vietnamese Provinces: The Role of Local Public Governance

Thanh

Nguyen

2019

Ann Public Coop Econ

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“…comparing EU and USA's carbon trading legal system, set forth useful suggestions to China's setting-up of carbon trading legal system. It will cause national climate finance impact [2].…”

Section: Methodsmentioning

confidence: 99%

China’s Low-Carbon Economy Development and Carbon Finance Market Supervision Mechanism

Yang¹

2017

LCE

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China planned to set maximum limits for carbon emissions in 2030. This means China will vigorously develop a low-carbon economy to achieve the low-carbon and sustainable transformation. Carbon financial regulation of multilayered embodies in mainly carbon emissions trading and carbon financial derivatives market is not only a secondary market regulation by the national development and reform commission. In reference to a more mature regional carbon emissions trading formation of information exchange, coordination function, inter-regional coordination mechanism to build legislative carbon trading by establishing cross-regional coordination committee. In this article, establishing a multi-level carbon financial regulatory framework, we can effectively regulate the trading of carbon emission rights and the trading of derivatives, thus providing legal protection for China's low carbon economy.

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“…The government determines the direction of economic development and industry planning, and often takes fiscal and taxation relief [6] [7] [8], technical support, safeguard fair and other means to support high-tech industry [9] [10]. China's new energy industry is still in the primary stage of development, there are many problems and development bottleneck.…”

Section: Literature Reviewmentioning

confidence: 99%

The Central Government Behavior Analysis in Development of Chinese New Energy Industry

Dong¹,

Zhao²

2017

LCE

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The purpose of this study is to show the performance of the Central Government in the new energy industry, and to analyze the effect of Central Government's new energy documents. The essay intends to sum up almost new energy policies from the Central Government. The present study counts the total number of new energy policies, analyzes the distribution frequency of the new energy policies in the national institutions, and sorts out the purpose of the implementation of those new energy policies in order to understand the focus of the Central Government. Meanwhile, using a questionnaire, this essay collects data on evaluation of the public's satisfaction with the new energy policy and the effect of the implementation of the new energy policy. So,

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Fiscal incentives and policy choices of local governments: Evidence from China

Cited by 203 publications

References 46 publications

Fiscal Decentralization and Economic Growth of Vietnamese Provinces: The Role of Local Public Governance

Fiscal Decentralization and Economic Growth of Vietnamese Provinces: The Role of Local Public Governance

China’s Low-Carbon Economy Development and Carbon Finance Market Supervision Mechanism

The Central Government Behavior Analysis in Development of Chinese New Energy Industry

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