Title: The Relation between Economic Growth and the National and Local Fiscal Expenditure Scales: an Analysis Based on Time Series and Cross Section Data
Abstract: After China's opening and reforming,the fiscal expenditure scale dwindled first and enlarged afterward,but the rate of fiscal productive expenditure in total expenditure is gradually reducing.By using the government providing public goods model and reducing congest model,this article makes empirical studies on the effects of the national and local fiscal productive expenditure and total expenditure on economic growth.The conclusions are: First,the impelling action of government on economic growth is necessary at present.Second,the impelling action of central government fiscal productive expenditure is larger than local productive expenditure.Third,the scale of nonproductive fiscal expenditure is too large,which is no good to economic growth.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot