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Yang, R.L., Zhang, Q. and Zhou, Y.A. (2007) fiscal Decentralization, Public Preference and Environment Pollution—The Evidence from Chinese Provincial Panel Data. Macroeconomic Report of Institute of Economics of School of Economics of Renmin University of China, Beijing.

has been cited by the following article:

• TITLE: Will Chinese System of Fiscal Decentralization Inhibit the Environmental Investment?

  AUTHORS: Dahua Kang

  KEYWORDS: Fiscal Decentralization, Environmental Investment, U-Type Relationship

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.6 No.4, April 21, 2016

  ABSTRACT: This paper mainly investigated the effect of Chinese system of fiscal decentralization on the environmental investment. Being different from the previous studies that believed fiscal decentralization would inhibit the environmental investment, this paper believed that the fiscal decentralization both had a substitution effect and an income effect on the environmental investment, there was a U-type relationship between the both. Thus, a fiscal system reform has to be done, and more than anything else, the transfer payment from the exchequer to the less developed areas needs to be enhanced to solve the environmental issue of the less developed areas.