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- W2084627014 abstract "This article develops a new empirical approach to analyze the potential link between fiscal decentralization and economic efficiency based on a stochastic frontier model with spatial error correction. Fiscal decentralization is not considered to be a source of growth in itself but an incentive scheme that impacts local governments’ spending as a means to improve investment conditions. Panel data for Zhejiang Province during 1995–2005 indicate that revenue and expenditure decentralization both promoted allocative efficiency. Yet, the impact of fiscal incentives decreases with rising income inequality among county governments." @default.
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- W2084627014 date "2013-06-01" @default.
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- W2084627014 title "Fiscal Incentives, Public Spending, and Productivity – County-Level Evidence from a Chinese Province" @default.
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- W2084627014 doi "https://doi.org/10.1016/j.worlddev.2013.01.029" @default.
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