The Effect of Local Government Size on Its Economic Growth in China-Including a Discussion on the Optimal Local Government Size
碩士 === 國立政治大學 === 東亞研究所 === 95 === The purpose of this study is to investigate the inverse-U relations argument whether also exists between China local government size and the regional economic growth ever since fiscal reform was embarked upon and the budget act was embarked upon in 1994. By using o...
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Format: | Others |
Language: | zh-TW |
Published: |
2007
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Online Access: | http://ndltd.ncl.edu.tw/handle/71144771410689356444 |
Summary: | 碩士 === 國立政治大學 === 東亞研究所 === 95 === The purpose of this study is to investigate the inverse-U relations argument whether also exists between China local government size and the regional economic growth ever since fiscal reform was embarked upon and the budget act was embarked upon in 1994. By using of the China 31 province-level data from 1995 to 2005, this study establishes four empirical models with square item of the local government size as an independent variable and are estimated by two way fixed effect model which attempts to catch the relation more comprehensively between China local government size and the regional economic growth.
This research empirical result shows that China's local government size has the positive effect on its regional economic growth, and actually the inverse-U relations (Armey-curve) exists between them. This confirms that the Armey-curve phenomenon also exists in a country's secondary government
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