中国的财政分权与经济增长——基于省级面板数据的实证

在Barro、Davoodi和Zou模型的基础上,本文构造了一个财政分权与经济增长关系的模型,并利用1980-2004年省级面板数据,采用随机效应回归方法,分阶段实证研究了我国财政分权对经济增长的影响.实证研究发现,财政分权总体上促进了我国的经济增长,而且我国财政分权的经济增长效应存在显著的跨区差异,东部地区的财政分权经济增长优势高于中西部地区.作者认为,财政分权体制下地方政府财政行为的差异与公共支出构成的差异是造成我国财政分权经济增长效应跨区差异的重要原因.

Fiscal Decentralization and Economic Growth in China-based on Empirical Study with Provincial Panel Data

Based on researches by Barro (1990) and Davoodi and Zou (1998), this paper constructs a model of the relationship between fiscal decentralization and economic growth. We empirically research the impact of fiscal decentralization on economic growth with provincial government data from 1980 to 2004 based on random effects regression method. We find that fiscal decentralization has promoted China economic growth in an overall manner, that this positive effect is more evident in East China region than in Middle and West China region. The authors hold that the difference of cross regional local government behaviors towards fiscal decentralization and the difference of public expenditure structure are important reasons for the difference of fiscal decentralization on economic growth.