Fiscal Decentralization, Economic Policy Uncertainty andHigh-Quality Economic Development An Empirical Study Based on Systematic GMM
- DOI
- 10.2991/978-94-6463-108-1_64How to use a DOI?
- Keywords
- Fiscal decentralization; Economic policy uncertainty; High-quality economic development; Moderating effect; Systematic GMM estimation
- Abstract
China has entered the stage of high-quality economic development, how to effectively achieve high-quality economic development has become an important issue in today's society. Based on the data of 30 provincial samples from 2006 to 2020, a comprehensive index system of high-quality economic development was constructed from five aspects of the new development concept, and the entropy method was used to determine the index weight. Based on the moderating effect of economic policy uncertainty, this paper empirically analyzes the impact of Chinese style fiscal decentralization on the high-quality development of Chinese economy by using systematic GMM. The results show that fiscal decentralization can actively promote our economy to achieve high quality development, the more perfect the fiscal decentralization system, the higher the quality of economic development. The uncertainty of economic policies caused by the change of officials will negatively regulate the relationship between fiscal decentralization and high-quality economic development, and weaken the promoting effect of fiscal decentralization on high-quality economic development.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Qifang Xiao AU - Tong Lin AU - Yuhua Ma PY - 2022 DA - 2022/12/30 TI - Fiscal Decentralization, Economic Policy Uncertainty andHigh-Quality Economic Development An Empirical Study Based on Systematic GMM BT - Proceedings of the 2022 International Conference on Computer Science, Information Engineering and Digital Economy (CSIEDE 2022) PB - Atlantis Press SP - 564 EP - 574 SN - 2352-538X UR - https://doi.org/10.2991/978-94-6463-108-1_64 DO - 10.2991/978-94-6463-108-1_64 ID - Xiao2022 ER -