SHS Web Conf.
Volume 151, 20223rd International Symposium on Economics, Management, and Sustainable Development (EMSD 2022)
|Number of page(s)||7|
|Published online||16 December 2022|
Research on the Influence of Fiscal Decentralization on the Return Rate of China’s Real Economy
School of Business, Jiangxi Normal University, Nanchang, China.
* Corresponding author: email@example.com
Based on the panel data of 30 provinces from 2000 to 2020, this paper empirically analyzes the impact of local fiscal decentralization on the return rate of China’s real economy from two dimensions, that is, income decentralization and expenditure decentralization. It is found that income decentralization and expenditure decentralization can improve the overall real economic return rate with heterogeneity in different regions. The empirical results in the central region are consistent with the core conclusions, and the regression results of expenditure decentralization in the eastern and western regions are significant, while income decentralization is not significant. With industrial structure affecting the role of fiscal decentralization, the more advanced the industrial structure, the greater role of fiscal decentralization in promoting the return rate of the real economy.
Key words: Fiscal Decentralization / Real Economic Return Rate / Regional Heterogeneity / Industrial Structure
© The Authors, published by EDP Sciences, 2022
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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