| ID | 081895 |
| Title Proper | Deficit Estimation and welfare effects after the 1994fFiscal reform in China |
| Other Title Information | evidence from the county level |
| Language | ENG |
| Author | Zhang, Pengfei ; Shih, Victor |
| Publication | 2008. |
| Summary / Abstract (Note) | Using simple statistical analysis of county-level budgetary data from across all of China's counties, the present paper examines whether the post-1994 fiscal decentralization has affected redistribution at the county-level. The new fiscal system has been less able to narrow inter-county dispersion in fiscal imbalances than the old one, even after taking intergovernmental transfer payments into account. Although with the post-1994 system there has been a modest increase in per capita welfare spending in all counties on average, much of the new-found fiscal resources have been spent on salary and administrative expenses rather than spending on public goods. Therefore, it is imperative that the reform of China's tax system is intensified |
| `In' analytical Note | China and World Economy Vol. 16, No.3; May-Jun 2008: p22-39 |
| Journal Source | China and World Economy Vol. 16, No.3; May-Jun 2008: p22-39 |
| Key Words | Fiscal Centralization ; Fiscal Expense ; Tax Reform |