Title: The Impact of Fiscal Expenditure Structure on Economic Growth and Social Equity
Abstract: The fiscal expenditure structure can influence economic growth and social equity remarkably. The paper makes an empirical analysis on the above economic relationship by using the data issued by the State Statistics Bureau. Econometric analysis shows that local fiscal expenditure structure contributes much to economic growth, while central fiscal expenditures improve social justice. Contribution of different fiscal expenditure items to economic growth and social justice is dramatically different. Most items can not carry out economic growth and social justice simultaneously except the operating expenses for culture, education, science and health. All of these conclusions are very important for the government to optimize the fiscal expenditure structure and adjust the fiscal expenditure policy to realize the targets of special fiscal activities.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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Cited By Count: 1
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