题目：Fiscal Decentralization, Equalization, and Intra-Provincial Inequality in China

时间：2014年10月15日  星期三   12:00 – 14:00

地点：明德主楼610

报告人：刘勇政

摘要：Using a nationwide county-level panel dataset for the years 1995-2009, this paper conducts the first analysis in the literature to examine the impacts of fiscal decentralization and fiscal equalization, both measured at the sub-provincial level, on intra-provincial inequality in China. While fiscal decentralization offers significant advantages regarding public expenditure efficiency, a potentially large disadvantage is that it may lead to increased regional inequality. In this paper, in line with our theoretical predictions, we find that while fiscal decentralization at the sub-provincial level in China leads to larger intra-provincial inequality, fiscal equalization efforts performed by provincial governments tend to mitigate the detrimental effect of fiscal decentralization on intra-provincial inequality. Our results also indicate that the quantitative effects of fiscal decentralization on regional inequality tend to be larger when they are measured from the expenditure side, which is consistent with the fact that expenditure decentralization is a much more meaningful measure of decentralization in China. Overall, in this paper we provide evidence on the potential inequality costs of using fiscal decentralization as a development strategy. At the same time, we emphasize the importance of implementing a fiscal equalization program to ensure the overall success of decentralization policy.

报告人简介：刘勇政，中国人民大学财政金融学院讲师，2013年获美国佐治亚州立大学经济学博士。研究领域包括公共经济学，发展经济学和中国经济。其研究成果发表于American Journal of Agricultural Economics, International Tax and Public Finance, Journal of Public Economic Theory, Public Choice, Journal of Regional Science, Journal of Development Studies, 《经济研究》等国内外刊物上。