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​【财稅論壇】劉暢:Fiscal Decentralization and Economic Development: Evidence from Chinese Counties

發布時間:2017-06-20 浏覽次數:

主辦單位:bevictor伟德官网

講座地點:學院南路校區主教1108會議室

講座時間:2017年6月21日(星期三)上午12:00-13:30。

主講人: 劉暢,男,漢族,1990年4月生,湖北宜昌人,北京大學光華管理學院應用經濟系博士研究生。主要研究領域:公共經濟學、政治經濟學、發展經濟學和經濟史。在Journal of Comparative Economics、International Tax and Public Finance、《中國社會科學》等中英文學術期刊上發表論文多篇。


 

講座内容簡介:This paper offers new observations on fiscal decentralization’s causal effects on economic development in transitional China. In the 1980s, China’s central government conducted the Fiscal Contracting Reform which renegotiated its fiscal contract with each province and provincial governments modified their subcontracts with county-level governments subsequently. We construct a comprehensive county-level data set from 1985 to 1991. Our econometric methodology exploits two sources of quasi-exogenous variation: provincial fiscal decentralization ratio and the preferential policy to the Subsidized Counties, relative to the Contributory Counties, to achieve identification. Empirical findings suggest that fiscal decentralization promotes industrial output (especially for TVEs). Further investigation confirms the hammered mechanism of capital deepening through attracting private and FDI firm entrants.

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