Fiscal decentralization and rural public services–a new structural economics perspective

Fengyi Zheng, Yi Bai, Ming Hu and Jennhae Liou

Finance Research Letters, 2025, vol. 83, issue C

Abstract: Based on the perspective of new structural economics, we examine the relationship between fiscal decentralization and rural public services. The results show that fiscal decentralization can promote the improvement of rural public services, while the promotion effect gradually weakens with the improvement of economic development. When the per capita GDP reaches 70,182 yuan and gradually enters the ranks of high-income countries, the promotion effect of fiscal decentralization on rural public services will be inhibited. Further analysis shows that the relationship between fiscal decentralization and rural social security expenditure follows the above relationship.

Keywords: Fiscal decentralization; Rural public services; Rural social security; New structural economics (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:83:y:2025:i:c:s1544612325008736

DOI: 10.1016/j.frl.2025.107614

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