County-level fiscal strait and resolutions in China
Purpose – The purpose of the paper is to examine China's county-level fiscal difficulties. A large portion of China's counties (county-level cities) have to run with the shortage of financial resources and huge government debt. To make a suitable policy to solve this problem is a top priority. Design/methodology/approach – Using the first-hand survey data, the paper compares nine sample counties whose economic development level is different, sums up the difficulties county-level governments are facing and explores countermeasures from qualitative and quantitative approaches. Findings – By studying the survey data of nine sample counties (cities), it is found that county-level finance is facing the following problems: low-level fiscal revenue, high debt risk and large gap of fiscal revenue between different counties (cities). Based on these findings, the paper provides suggestions such as ensuring that the county-level government has sufficient fiscal resources and improving the transfer payment system. Originality/value – Data from three well-developed counties (county-level cities), three middle-income counties (county-level cities) and three backward counties made the paper's findings more comprehensive and realistic and suggestions more practical. JEL classification: D63, H11, H77
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 3 (2011)
Issue (Month): 2 (May)
|Contact details of provider:|| Web page: http://www.emeraldinsight.com|
|Order Information:|| Postal: Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK|
Web: http://www.emeraldinsight.com/caer.htm Email:
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lewis, Blane D., 2003. "Local Government Borrowing and Repayment in Indonesia: Does Fiscal Capacity Matter?," World Development, Elsevier, vol. 31(6), pages 1047-1063, June.
- Kevin HjortshÃ¸j O'Rourke & Richard S. Grossman & Madalina A. Ursu, 2013.
"A monthly stock exchange index for Ireland, 1864-1930,"
Economics Series Working Papers
120, University of Oxford, Department of Economics.
- Adam, Christopher S. & Bevan, David L., 2005. "Fiscal deficits and growth in developing countries," Journal of Public Economics, Elsevier, vol. 89(4), pages 571-597, April.
When requesting a correction, please mention this item's handle: RePEc:eme:caerpp:v:3:y:2011:i:2:p:210-223. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.