Transmission Mechanism, Obstacles and Countermeasures from Resource Economics to the Local Financial Revenue
——An Empirical Analysis Based on Panel Data of 30 Coal Cities
Transmission Mechanism, Obstacles and Countermeasures from Resource Economics to the Local Financial Revenue
——An Empirical Analysis Based on Panel Data of 30 Coal Cities
DENG Xiao-lan， CHEN Bao-dong， YAN Zhe-ming
School of Finance and Economics, Xi’an Jiaotong University, Xi’an 710061, China
Abstract Establishing a panel data model and taking advantage of 30 coal cities from 2004 to 2010, we use an empirical study to get the effects and transmission mechanism from resource economics to the local revenue. The results show that: there are some obstacles that affect the resource advantage into the financial and economic advantages; the coal resources are developed mainly through the crowding out of investment in physical capital and human capital as well as the limit of the development of the tertiary industry to constrain the development of the local revenue, among which the effect is most obvious in squeezing out the investment in physical capital. Therefore, we need timely adjustments to promote the upgrading of industrial structure and the existing taxation system reform, to promote economic and ecological transformation of resource-based cities and fiscal sustainability.
DENG Xiao-Lan,CHEN Bao-Dong,YAN Zhe-Meng. Transmission Mechanism, Obstacles and Countermeasures from Resource Economics to the Local Financial Revenue
——An Empirical Analysis Based on Panel Data of 30 Coal Cities. Economic Survey, 2014, 31(1): 0136.
2014, Vol. 31 
