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Reason for Fiscal Grant Abuse: Regional Heterogeneity and Difficulty in Performance Evaluation
SONG Xiao-ning1, Tong Jian2
1.Business school of Sun Yat-sen University,Guangzhou 510275,China;2. Comparative Economic System Research Center of Liaoning University,Shenyang 361005,China
Abstract The paper analyzes fiscal grant use by local government authorities by career concern model. It is found that high regional heterogeneity increase information asymmetry between central and local government on fiscal grant use. As a result,it is difficult for central government to accurately assess the performance of grant and local government stands a chance of abusing fiscal grant. The implicate policy is that fiscal grant must be included in local budget management so that news media and local people's congresses can supervise fiscal grant based on their information advantage.
SONG Xiao-Ning,TONG Jian. Reason for Fiscal Grant Abuse: Regional Heterogeneity and Difficulty in Performance Evaluation. Economic Survey, 2013, 1(3): 0141.
2013, Vol. 1 
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