Intergovernmental Fiscal Reform, Financial Deepening, and Regional Disparity in China: A Missing Link*
Zhang Jun and
Yu Jin ()
Additional contact information
Zhang Jun: China Center for Economic Studies, Fudan University
Economic History from University Library of Munich, Germany
It becomes apparent that growing disparity in China is highly associated with regional variation of productivity, and that productivity is significantly impacted by financial deepening process. After identifying and estimating the share of bank lending to non-state sector, this paper finds a significant variation in the level of financial deepening between regions. Then this paper examines why financial development process turns out to be divergent between coastal and inland regions. Such analysis places the issue of enlarging regional imbalance in China in a context specific to the weakness of re-centralization process of intergovernmental fiscal relations in 1994.
JEL-codes: O (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna, nep-geo and nep-tra
Note: Type of Document - doc; pages: 23
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpeh:0511003
Access Statistics for this paper
More papers in Economic History from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().