资源描述：
《Are intergovernmental transfers in China equalizing》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、ChinaEconomicReview23(2012)534–551ContentslistsavailableatSciVerseScienceDirectChinaEconomicReviewAreintergovernmentaltransfersinChinaequalizing?a,⁎,KangCHENb,1BihongHUANGaFacultyofBusinessAdministration,UniversityofMacau,ChinabLeeKuanYewSchoolofPublicPolicy,NationalUniversityofUniversit
2、y,SingaporearticleinfoabstractArticlehistory:Since1994,China'scentralgovernmenthasimplementedasequenceoffiscalrecentralizationReceived30September2010measurestoincreaseitsequalizationcapacityandreduceregionalincomedisparities.Howev-Receivedinrevisedform31December2011er,theeffectofintergov
3、ernmentaltransfersonequalizationhasbeencalledintoquestionbyAccepted4January2012anecdotalevidencethatseemstosuggestthattransfersfromthecenterarenotrule-basedAvailableonline12January2012andaresubjecttoheavyrent-seeking.Unlikepaststudies,whichhavefocusedontheequali-zationeffectsoftotalfisca
4、ltransfersfromthecenter,thispaperincludesanexaminationoftheJELclassification:equalizationeffectsofdifferenttypesoftransfersbecausesometransfers,whichareinherentlyH77anti-equalizing,maymasktheequalizationeffectsofothertypesoftransferswhentheyarelumpedtogethertofindthe“average”effect.Using
5、inequalitymeasures,adecompositionofKeywords:fiscaldisparities,anddynamicpaneldatamodels,wefindthatChina'sintergovernmentalFiscaldisparitiestransfersystemthatwasestablishedin1994doeshavesomeequalizingelements.ToalargeIntergovernmentaltransfersextent,theseelementsexistduetothemechanismdesi
6、gnedtoshrinkthetaxrebatesthatEqualizingbearthelegacyofthepre-1994system;toasmallextent,theseelementsexistduetothePoliticalinfluencerule-basedgeneral-purposetransferwhoseshareintotaltransfersremainssmallbuthasin-creasedsince2002.However,theequalizationeffectsofthelargestcomponentoftransfe
7、rs,specific-purposetransfers,areanti-equalizing.Theyaretypicallynotrule-basedandthussub-jecttopoliticalinfluence.Asaresult,totaltransfersalsoexhibitsignificantanti-equalizationeffects.©2012ElsevierInc.Allrightsreserved.1.IntroductionFiscaldecentralizationinthe1980sandearl
