Are government budgets a visible stabilizer? Evidence from China since the tax-assignment reform

Purpose – This study quantitatively examines the relationship between economic fluctuations and government budget size in the context of China’s fiscal decentralization, drawing inspiration from theoretical predictions of the Keynesian view and empirical studies on other economies. Design/methodolog...

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Bibliographic Details
Main Authors: Cheng Li, Hui Yao
Format: Article
Language:English
Published: Emerald Publishing 2024-09-01
Series:Journal of Asian Business and Economic Studies
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JABES-06-2023-0205/full/pdf
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