Regional Decentralization and Fiscal Incentives : Federalism , Chinese Style 1 by Hehui

  title={Regional Decentralization and Fiscal Incentives : Federalism , Chinese Style 1 by Hehui},
  author={Jin and Yingyi Qian and Barry R. Weingast},
Second generation theories of federalism extend traditional approaches by systematically studying the role of government incentives in economic performance. Providing government with the incentive to promote markets is especially acute for developing economies or those in transition from central planning. In these countries, governments have often been the central barrier to economic development. In this paper, we investigate empirically decentralization and fiscal incentives in the central… CONTINUE READING
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