Leave a reply
Fiscal Decentralization and Economic Growth in China: A Meta-Regression Analysis
Xie Zhenfa and Zhang Wei
School of Economics, Xiamen University, Xiamen, China
Abstract: In order to test whether the major empirical results on the “relationship
between fiscal decentralization and economic growth in China” are affected by study
characteristics, this paper conducts a meta-analysis of the major existing empirical
literature. Our analysis indicates that some empirical results on how China’s fiscal
decentralization affects economic growth are subject to different study characteristics. In
particular, empirical results that fiscal decentralization has “significant positive effect” on
economic growth are subject to such study characteristics as “region, labor and capital
growth rate, other reforms and intra-budget capital.” Through the funnel plot asymmetry
test, the problem of publication bias is found to exist in the sampled literature and is
concentrated in spending decentralization.
Keywords: fiscal decentralization, economic growth, meta-analysis
JEL Classification Codes: E44, O32, L74
¥0.01加入购物车
