Title :
An empirical study on the effect of Chinese government´s non-tax revenue spending on its GDP´s growth
Author :
Zhao, Xian ; Ma, Jing ; Xiao-li, Wang
Author_Institution :
Sch. of Manage., Inner Mongolia Univ. of Technol., Hohhot, China
Abstract :
This paper presents the growth effect of Chinese government non-tax revenue spending on its Gross Domestic Product (GDP) using the variance Decomposition Technique. The results show that Government Purchase (GP) expenditures have a significant explanatory power on the long-run economic growth. Whereas, Government Non-Tax Revenue Expenditure (GNR) and the Government Fundamental Investment (GFI) have limited impact on the rate of long-run economic growth.
Keywords :
economic indicators; public finance; Chinese government nontax revenue spending; economic growth; government fundamental investment; government purchase expenditures; gross domestic product; variance decomposition technique; Agriculture; Cultural differences; Data engineering; Economic indicators; Finance; Government; Humans; Performance analysis; Production; Region 5; Gross Domestic Product; decomposition technique; government non-tax revenue expenditure;
Conference_Titel :
Financial Theory and Engineering (ICFTE), 2010 International Conference on
Conference_Location :
Dubai
Print_ISBN :
978-1-4244-7757-9
Electronic_ISBN :
978-1-4244-7759-3
DOI :
10.1109/ICFTE.2010.5499427
