Title :
Notice of Retraction
Research on the Local Government Financing Efficiency Based on Principal Component Analysis
Author_Institution :
Sch. of Econ., Huazhong Univ. of Sci. & Technol. (HUST), Wuhan, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
At present in China, local governments have tried various financing approaches. This paper uses principal component analysis to assess the efficiencies of four financing methods which are commonly used by the local governments. The result shows that the efficiency of local bonds financing is higher than that of land financing, platform financing and financial allocation by the central. Platform financing lacks efficiency.
Keywords :
financial management; local government; principal component analysis; taxation; China; financial allocation; land financing; local bonds financing; local government financing efficiency; platform financing; principal component analysis; Economic indicators; Eigenvalues and eigenfunctions; Indexes; Local government; Principal component analysis; Resource management;
Conference_Titel :
Power and Energy Engineering Conference (APPEEC), 2011 Asia-Pacific
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6253-7
DOI :
10.1109/APPEEC.2011.5749068
