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- W2364238468 abstract "On the basis of the measure of China's horizontal differentiation in local public finance,and by using integration analysis,VECM,Granger causality test and impulse response function,this paper studies the influence of economic openness on the horizontal differentiation of local fiscal revenue and expenditure.The empirical analysis shows that the influence of openness on the horizontal differentiation of fiscal revenue is not significant.In the long run,economic openness can help reduce the horizontal imbalance of fiscal expenditure;in the short term,trade openness can contribute to alleviating the horizontal imbalance of fiscal expenditure,however,investment openness will intensify the differentiation of expenditure.It finds that the system of tax-sharing,transfer payment,gradient open model,and FDI competition among local governments and so on are the internal reasons for the dynamic relationship between openness and horizontal fiscal imbalance.Finally,some policy implications are pointed out." @default.
- W2364238468 created "2016-06-24" @default.
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- W2364238468 date "2011-01-01" @default.
- W2364238468 modified "2023-09-27" @default.
- W2364238468 title "An Empirical Study of the Influence of Economic Openness on the Horizontal Differentiation of Local Fiscal Revenue and Expenditure" @default.
- W2364238468 hasPublicationYear "2011" @default.
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