The Effect of Local Government Spending on Regional Economy--Evidence from Chinas 31 Provinces during 1995-2005

摘要：

Prior researches on effect of government spending on economic growth are widespread but not deep. Most of literatures show that government spending exerts positive effect on economic growth. Based on the categories of capital expenditure and recurrent expenditure, this paper finds that different components of government spending will produce different effect on economy. Exactly speaking, recurrent expenditure can improve the economy, while the capital expenditure will worsen it. This conclusion not only justified Zou Hengfus assertion, but also implies that our local government should change the spending structure, that is to say, we should increase the expenditure in the field of science, education and environment, and at the same time decrease the expenditure in infrastructure and nationowned enterprises reforming. All the data come from chinas 31 provinces during 1995-2005.

关键词： Regional Economy Local Government Spending Capital Ezpenditure Current Ezpenditure Panel Date

作者: BI Sifeng

作者单位: Department of Finance, Shandong University of Finance, P.R.China, 250014 School of Economics, Shandong University, P.R.China, 250100

会议类型: 国际会议

会议名称: 2008年国际应用统计学术研讨会(2008 International Institute of Applied Statistics Studies)

会议地点: 烟台

会议语种:英文

页码: 1-4

在线出版日期: 2008-08-14（万方平台首次上网日期，不代表论文的发表时间）