This paper investigates the effect of local government intervention on capital deepening of manufacturing sector by using interprovincial panel data sets of 28 Chinese provinces,municipalities and autonomous regions b...This paper investigates the effect of local government intervention on capital deepening of manufacturing sector by using interprovincial panel data sets of 28 Chinese provinces,municipalities and autonomous regions between 1994 and 2011.Theoretical research indicates that as a transitional economy,China's local government intervention in corporate investment behaviors will cause excessive investment,thus bringing about a long-term and sustained tendency of capital deepening in manufacturing sector.Empirical test further discovers that in a certain range,the phenomenon of capital deepening in manufacturing sector is not an inevitable result endogenous to economic development and technology progress,and that investment behaviors of manufacturing sector are largely subject to the external institutional environment.Fiscal decentralization has indeed promoted capital deepening of manufacturing sector.Financial credit expansion and interventions in SOEs are major instruments for local governments to intervene in the capital deepening of manufacturing sector and such an influence is particularly significant for China's central,western and northeast regions.Therefore,clarifying government functions and improving local government performance review mechanism are of great significance to the healthy development of China's manufacturing sector.展开更多
The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governmen...The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.展开更多
Taking cadmium pollution in X River as an example, the interaction between National People＇s Congress and local government was de- scribed. How the local government transforms its role in environment protection with ...Taking cadmium pollution in X River as an example, the interaction between National People＇s Congress and local government was de- scribed. How the local government transforms its role in environment protection with the help of several deputies to National People＇s Congress was expounded from the angle of social construction, which also enlightened the way to build an environment protection road with Chinese characteristics.展开更多
In 1907,military leader Robert Baden-Powell started the Boy Scouts Association in England as the British colonial government officers instituted Tamale village as the administrative centre of the Northern Territories ...In 1907,military leader Robert Baden-Powell started the Boy Scouts Association in England as the British colonial government officers instituted Tamale village as the administrative centre of the Northern Territories Protectorate.Sam Yarney worked with Frank Collyer the European bank cashier and scoutmaster who started the Boy Scouts in the Gold Coast Colony in 1914,the year the First World War started.In 1922,Governor Gordon Guggisberg,who was brigadier general during the war was the chief scout.He reorganized the Local Boy Scouts Association in the Tamale Government School that received select boys from various schools in the Northern Territories Protectorate.The schoolboys excelled in the Standard VII and Civil Service Examinations to work with the government institutions and train as teachers and telegraphists.Arthur James Philbrick the chief scout commissioner of the Northern Territories employed Yarney as the assistant scout commissioner in the Southern Province to take on the staff of the reorganized Tamale Local Boy Scouts Association and register the 1st Tamale Troop.The scout officers subscribed to a Scout Fund to buy kit,for the schoolboys who passed the Tenderfoot Tests to buy uniforms and perform at events.展开更多
基金funded by Humanities and Social Sciences Research Youth Foundation Program of the Ministry of Education:Challenges of Workforce Absorption of Manufacturing Sector and Solutions-Perspective Based on Capital Deepening(Approval No.12YJC790034)
文摘This paper investigates the effect of local government intervention on capital deepening of manufacturing sector by using interprovincial panel data sets of 28 Chinese provinces,municipalities and autonomous regions between 1994 and 2011.Theoretical research indicates that as a transitional economy,China's local government intervention in corporate investment behaviors will cause excessive investment,thus bringing about a long-term and sustained tendency of capital deepening in manufacturing sector.Empirical test further discovers that in a certain range,the phenomenon of capital deepening in manufacturing sector is not an inevitable result endogenous to economic development and technology progress,and that investment behaviors of manufacturing sector are largely subject to the external institutional environment.Fiscal decentralization has indeed promoted capital deepening of manufacturing sector.Financial credit expansion and interventions in SOEs are major instruments for local governments to intervene in the capital deepening of manufacturing sector and such an influence is particularly significant for China's central,western and northeast regions.Therefore,clarifying government functions and improving local government performance review mechanism are of great significance to the healthy development of China's manufacturing sector.
基金This paper is supported by National Natural Science Foundation of China （No. 70373051）. The authors are grateful to Penny Prime for helpful discussion.
文摘The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.
基金Supported by Particular Fund for Scientific Research in Universities
文摘Taking cadmium pollution in X River as an example, the interaction between National People＇s Congress and local government was de- scribed. How the local government transforms its role in environment protection with the help of several deputies to National People＇s Congress was expounded from the angle of social construction, which also enlightened the way to build an environment protection road with Chinese characteristics.
文摘In 1907,military leader Robert Baden-Powell started the Boy Scouts Association in England as the British colonial government officers instituted Tamale village as the administrative centre of the Northern Territories Protectorate.Sam Yarney worked with Frank Collyer the European bank cashier and scoutmaster who started the Boy Scouts in the Gold Coast Colony in 1914,the year the First World War started.In 1922,Governor Gordon Guggisberg,who was brigadier general during the war was the chief scout.He reorganized the Local Boy Scouts Association in the Tamale Government School that received select boys from various schools in the Northern Territories Protectorate.The schoolboys excelled in the Standard VII and Civil Service Examinations to work with the government institutions and train as teachers and telegraphists.Arthur James Philbrick the chief scout commissioner of the Northern Territories employed Yarney as the assistant scout commissioner in the Southern Province to take on the staff of the reorganized Tamale Local Boy Scouts Association and register the 1st Tamale Troop.The scout officers subscribed to a Scout Fund to buy kit,for the schoolboys who passed the Tenderfoot Tests to buy uniforms and perform at events.
