TITLE:
A Research on the Fiscal Regional Difference of China’s Prefecture-Level Administrative Regions
AUTHORS:
Zhuoli Tan
KEYWORDS:
Prefecture-Level Administrative Region, Fiscal Revenue, Spatial Disparity
JOURNAL NAME:
Modern Economy,
Vol.10 No.3,
March
22,
2019
ABSTRACT: As a centralized state power, China intervenes in local
economy through effective fiscal and administrative measures. Local finances
play a significant role in Chinese governmental activities, providing financial
support in various fields, such as infrastructure, education and culture. Local
finance is also a mirror of local economics. Local fiscal revenues and economic
conditions influence each other, interacting as both cause and effect. Some
experts in geoeconomics have studied regional
economic disparities through spatial variations of GDP. This paper, however, considers
it more profound and multilevel to study the development of local economy from
the perspective of fiscal revenues in the context of Chinese governmental
interventions. This paper originally offers specific and concrete details of local
fiscal revenues by calculating differences of spatial distribution of nominal and
disposal fiscal revenues, providing new explanations for the controversial
issue on whether regional economic disparities are expanding or not.