Fiscal Expenditure and Service Development in the Background of Industries Transfer——An Empirical Research Based on Panel Data from 28 Provinces
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Fiscal Expenditure and Service Development in the Background of Industries Transfer——An Empirical Research Based on Panel Data from 28 Provinces
CHEN Li-tai1,2, YU CHUN-LING1, WANG Peng1
1.College of Public Administration, Chongqing University, Chongqing 400044, China; 2.Economic and Management Research Center of Population, Resource and Environment, Chongqing University, Chongqing 400044, China
Abstract Based on the data from 1990 to 2010 of 28 provinces in China, this paper tests the fiscal expenditure effect on services sector by Dynamic Panel Data Model. The results show that fiscal expenditure has positive effect on services development. From provincial level, financial expenditure accelerates services development with hysteresis qualities and deep dilation. Fiscal decentralization has significant positive effect. From regional level, local services development differs with various financial expenditure. Related areas of industries relocation should change expenditure policy to adjust the industrial structure and accelerate regional economic development according to the situation.
CHEN Li-Tai,TU Chun-Ling,WANG Feng. Fiscal Expenditure and Service Development in the Background of Industries Transfer——An Empirical Research Based on Panel Data from 28 Provinces. Economic Survey, 2012, 1(5): 022.
2012, Vol. 1 
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