Provincial public expenditure in China: a tale of pro-cyclicality

Jean-Louis Combes, Mary-Françoise Renard () and Sampawende Tapsoba
Additional contact information
Mary-Françoise Renard: CERDI - Centre d'Études et de Recherches sur le Développement International - UCA [2017-2020] - Université Clermont Auvergne [2017-2020] - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: This paper examines the cyclicality of provincial expenditure inChina during the period 1978–2013. Using panel data for analysis, it assesses whether provincial expenditure has been pro-cyclical. Pro-cyclicality is found to be a regular feature of provincial fiscal policy. This pro-cyclicality occurs both in times of low and high growth rates and has markedly intensified since 1994 with the increased autonomy of provinces. The paper further finds that the pro-cyclicality bias is mitigated when financial constraints are relaxed, the remaining political life of the governor is long, government efficiency is strong, corruption incidence is low, and governments are large.

Keywords: China; Fiscal cyclicality; Regional growth (search for similar items in EconPapers)
Date: 2019
Note: View the original document on HAL open archive server: https://hal.science/hal-01727900
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Economic Change and Restructuring, 2019, pp.19-41. ⟨10.1007/s10644-017-9215-4⟩

Downloads: (external link)
https://hal.science/hal-01727900/document (application/pdf)

Related works:
Journal Article: Provincial public expenditure in China: a tale of pro-cyclicality (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01727900

DOI: 10.1007/s10644-017-9215-4

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().