Font Size: a A A

Study On The Relationship Between Fiscal Decentralization And Local Economic Growth

Posted on:2011-02-06Degree:MasterType:Thesis
Country:ChinaCandidate:D YangFull Text:PDF
GTID:2189360308958219Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
The Relationship between Fiscal Decentralization and Local Economic Growth always receives much concern. Based on the classical theory of the Fiscal Decentralization and Economic Growth home and abroad, according to the practical process of Financial System Reform in our country, by sampling the economic data of Chongqing after Direct Jurisdiction, under the combination methods of empirical analysis,experience analysis and comparative study, this paper will try to excogitate the relationship between Fiscal Decentralization and Local Economic Growth, and discussing the influence about Fiscal Decentralization upon Local Economic Growth. The results are as follows: (1)Fiscal Decentralization can come into positive on Local Economic Growth,and there is a positive correlation between them. (2) Labor input and Capital Investment are the main driving forces of economic development, and their Elastic Coefficient are larger than Fiscal Decentralization index, so that the positive benefit from Fiscal Decentralization is not obvious. (3) The conduction and realization way of positive effect from Fiscal Decentralization is by reacting at per capita GDP,the proportion of Capital Assets Investment,Industrial Structure Adjustment and so on , in order to promote Local Economic Growth. (4) The various reception and reaction degree will produce different effect on Local Economic Growth. Generally speaking, there will a greater positive effect in the areas of original better economic status. In accordance with the results this article points out four useful policy suggestions: Firstly, the system of Fiscal Decentralization in China needs to be improved and perfected. Secondly, the future study focus of the Fiscal Decentralization should be transferred to determine its differential extent, the local government should adopt effective measures to reduce differences among regions, in particular, and the central government should increase financial support for the western region. Thirdly, insisting on reform and opening-up is still the key factor to improve Local Economic Growth. Finally, the auxiliary system of Fiscal Decentralization should be consummated as possible as quickly, to bring about long-acting positive effect.
Keywords/Search Tags:Fiscal Decentralization, Local Economic Growth, Effect Difference
PDF Full Text Request
Related items