Growth versus equity: the effects of centralized fiscal transfers on Chinese provinces
نویسندگان
چکیده
Centralized fiscal transfers to the provinces are principal means of reducing income inequalities in China. The coastal main transfer donors poorer provinces. We evaluate if equity objective sacrifices aggregate growth using four panel vector auto-regressions (PVARs) for geographical regions Chinese PVARs estimated centralized transfers, government spending, taxes and output from 1994 2018, whether or not sacrifice depends on geography. Transfers reduce inequality generate middle provinces; but western worsen northeast
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ژورنال
عنوان ژورنال: Regional Studies
سال: 2023
ISSN: ['1360-0591', '0034-3404']
DOI: https://doi.org/10.1080/00343404.2022.2160868