Growth versus equity: the effects of centralized fiscal transfers on Chinese provinces
Growth versus equity: the effects of centralized fiscal transfers on Chinese provinces
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DOI：
10.1080/00343404.2022.2160868
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发表时间：
2023-01
期刊：
影响因子：
4.6
通讯作者：
Kian Ong;K. Matthews;Baoshun Wang
中科院分区：
文献类型：
--
作者：
Kian Ong;K. Matthews;Baoshun Wang
摘要中央财政转移支付是中国缩小收入差距的主要手段。沿海省份是较贫穷省份的主要转移捐助者。我们使用四个面板向量自回归（PVARs）对中国四个省份的地理区域评估公平目标是否牺牲了总增长。PVAR是对1994年至2018年的集中转移支付、政府支出、税收和产出进行估计的，转移支付是否会牺牲增长取决于地理位置。转移支付减少了不平等，促进了中部省份的增长;减少了不平等，但牺牲了西部省份的增长;加剧了不平等，牺牲了东北省份的增长。
ABSTRACT Centralized fiscal transfers to the provinces are the principal means of reducing income inequalities in China. The coastal provinces are the main transfer donors to the poorer provinces. We evaluate if the equity objective sacrifices aggregate growth using four panel vector auto-regressions (PVARs) for four geographical regions of Chinese provinces. The PVARs are estimated for centralized transfers, government spending, taxes and output from 1994 to 2018, whether or not transfers sacrifice growth depends on geography. Transfers reduce inequality and generate growth in the middle provinces; reduce inequality but sacrifice growth in the western provinces; and worsen inequality and sacrifice growth in the northeast provinces.