An empirical study on the effect of Chinese government´s non-tax revenue spending on its GDP´s growth

Author

Zhao, Xian ; Ma, Jing ; Xiao-li, Wang

Author_Institution

Sch. of Manage., Inner Mongolia Univ. of Technol., Hohhot, China

fYear

2010

fDate

18-20 June 2010

Firstpage

52

Lastpage

56

Abstract

This paper presents the growth effect of Chinese government non-tax revenue spending on its Gross Domestic Product (GDP) using the variance Decomposition Technique. The results show that Government Purchase (GP) expenditures have a significant explanatory power on the long-run economic growth. Whereas, Government Non-Tax Revenue Expenditure (GNR) and the Government Fundamental Investment (GFI) have limited impact on the rate of long-run economic growth.

Keywords

economic indicators; public finance; Chinese government nontax revenue spending; economic growth; government fundamental investment; government purchase expenditures; gross domestic product; variance decomposition technique; Agriculture; Cultural differences; Data engineering; Economic indicators; Finance; Government; Humans; Performance analysis; Production; Region 5; Gross Domestic Product; decomposition technique; government non-tax revenue expenditure;

fLanguage

English

Publisher

ieee

Conference_Titel

Financial Theory and Engineering (ICFTE), 2010 International Conference on

Conference_Location

Dubai

Print_ISBN

978-1-4244-7757-9

Electronic_ISBN

978-1-4244-7759-3

Type

conf

DOI

10.1109/ICFTE.2010.5499427

Filename

5499427