Title: Empirical Research of Local Fiscal Expenditure Structure Optimization:On Eastern,Middle and Western Region's Provincial Panel Data in China
Abstract: This paper constructs optimal structure of fiscal expenditure model based on economic growth,which indicates the share of every fiscal expenditure matches with its marginal contribution in positive proportion.Empirical tests of budget-in fiscal expenditure of eastern,middle and western regions to economical growth in lag one period shows that economic construction expenditure can impulse economic growth rapidly;science,education,culture,hygienic expenditure and administration expenditure promotes economic growth weakly;the role of social security expenditure is minimum;the output elasticity of all fiscal expenditures clearly exists regional difference.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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