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Decentralization and macroeconomic performance in China: regional autonomy has its costs

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  • Feltenstein, Andrew
  • Iwata, Shigeru

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 76 (2005)
Issue (Month): 2 (April)
Pages: 481-501

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Handle: RePEc:eee:deveco:v:76:y:2005:i:2:p:481-501

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References

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  1. Feltenstein, Andrew & Lebow, David & van Wijnbergen, Sweder, 1990. "Savings, Commodity Market Rationing, and the Real Rate of Interest in China," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 22(2), pages 234-52, May.
  2. Easterly, William & Rebelo, Sergio, 1993. "Fiscal policy and economic growth: An empirical investigation," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 417-458, December.
  3. Zellner, Arnold, 1970. "Estimation of Regression Relationships Containing Unobservable Independent Variables," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 11(3), pages 441-54, October.
  4. Qian, Yingyi & Xu, Chenggang, 1998. "Innovation and Bureaucracy under Soft and Hard Budget Constraints," Review of Economic Studies, Wiley Blackwell, vol. 65(1), pages 151-64, January.
  5. David Dollar, 1988. "Economic Reform and Allocative Efficiency in China's State-Owned Industry," UCLA Economics Working Papers 489, UCLA Department of Economics.
  6. Hehui Jin & Yingyi Qian & Barry Weingast, 1999. "Regional Decentralization and Fiscal Incentives: Federalism, Chinese Style," Working Papers 99013, Stanford University, Department of Economics.
  7. Groves, Theodore, et al, 1994. "Autonomy and Incentives in Chinese State Enterprises," The Quarterly Journal of Economics, MIT Press, vol. 109(1), pages 183-209, February.
  8. Hofman, Bert, 1993. "An analysis of Chinese fiscal data over the reform period," China Economic Review, Elsevier, vol. 4(2), pages 213-230.
  9. David Burton & Wanda Tseng & Kalpana Kochhar & Hoe Ee Khor & Dubravko Mihaljek, 1994. "Economic Reform in China: A New Phase," IMF Occasional Papers 114, International Monetary Fund.
  10. Shahid Yusuf, 1994. "China's Macroeconomic Performance and Management during Transition," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 71-92, Spring.
  11. Feltenstein, Andrew & Ha, Jiming, 1991. "Measurement of repressed inflation in China : The lack of coordination between monetary policy and price controls," Journal of Development Economics, Elsevier, vol. 36(2), pages 279-294, October.
  12. Michael W. Bell & Kalpana Kochhar & Hoe Ee Khor, 1993. "China at the Threshold of a Market Economy," IMF Occasional Papers 107, International Monetary Fund.
  13. Eric S. Maskin, 1999. "Recent Theoretical Work on the Soft Budget Constraint," American Economic Review, American Economic Association, vol. 89(2), pages 421-425, May.
  14. Loren Brandt & Xiaodong Zhu, 2000. "Redistribution in a Decentralized Economy: Growth and Inflation in China under Reform," Journal of Political Economy, University of Chicago Press, vol. 108(2), pages 422-451, April.
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Citations

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Cited by:
  1. Bilin Neyapti & Nida Cakir, 2007. "Does Fiscal Decentralization Promote Fiscal Discipline?," Departmental Working Papers 0708, Bilkent University, Department of Economics.
  2. Shahnawaz Malik & Mahmood-ul-Hassan & Shahzad Hussain, 2006. "Fiscal Decentralisation and Economic Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 45(4), pages 845-854.
  3. Iqbal, Nasir & Nawaz, Saima, 2010. "Fiscal Decentralization and Macroeconomic Stability: Theory and Evidence from Pakistan," MPRA Paper 27184, University Library of Munich, Germany.
  4. Bilin Neyapti, 2008. "Fiscal Decentralization and Deficits : International Evidence," Departmental Working Papers 0802, Bilkent University, Department of Economics.
  5. Eugenia Vella & Sarantis Kalyvitis, . "Public Capital Maintenance, Decentralization and U.s. Productivity Growth," DEOS Working Papers 1126, Athens University of Economics and Business.
  6. Chang, Eric C. & Wong, Sonia M.L., 2009. "Governance with multiple objectives: Evidence from top executive turnover in China," Journal of Corporate Finance, Elsevier, vol. 15(2), pages 230-244, April.
  7. Zhang, Jun, 2008. "China?s Economic Growth: Trajectories and Evolving Institutions," Working Papers RP2008/33, World Institute for Development Economic Research (UNU-WIDER).
  8. Ehtisham Ahmad & Li Keping & Raju Jan Singh & Thomas J. Richardson, 2002. "Recentralization in China?," IMF Working Papers 02/168, International Monetary Fund.
  9. Elliott Parker & Judith Thornton, 2007. "Fiscal Centralisation and Decentralisation in Russia and China," Comparative Economic Studies, Palgrave Macmillan, vol. 49(4), pages 514-542, December.
  10. Anping Chen & Nicolaas Groenewold, 2011. "The National and Regional Effects of Fiscal Decentralisation in China," Economics Discussion / Working Papers 11-18, The University of Western Australia, Department of Economics.
  11. Chien-Hsun Chen, 2004. "Fiscal decentralization, collusion and government size in China's transitional economy," Applied Economics Letters, Taylor and Francis Journals, vol. 11(11), pages 699-705.
  12. Brixi, Hana & Mu, Yan & Targa, Beatrice & Hipgrave, David, 2010. "Equity and public governance in health system reform : challenges and opportunities for China," Policy Research Working Paper Series 5530, The World Bank.
  13. Ferro, Esteban & Wilson, John S., 2011. "Foreign aid and business bottlenecks : a study of aid effectiveness," Policy Research Working Paper Series 5546, The World Bank.
  14. Bilin Neyapti & Zafer Akin & Zeynep B. Cevik, 2011. "Does Fiscal Decentralization Promote Fiscal Discipline?," Departmental Working Papers 1101, Bilkent University, Department of Economics.

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