Changing central-local relationin post-reform China:a geographical perspective

This study examines the evolution of fiscal relations between the central state and local governments in China since the founding of the People's Republic The emphasis is placed on the changing arrangement for the central state's collection of taxes and allocation of capital among provinces The central local relation has experienced constant reorganization since 1949, but the tax division scheme introduced in the early 1990s represents the most significant change Prior to the 1990s, the central local fiscal relation was shaped by a highly centralized administrative and economic system without rational and scientific design for revenue collection and expenditure The financial responsibility system established after the reforms contributed to regional economic development during the first decade of reforms, but it was a temporary and transitional arrangement that does not meet the requirement of rational resources arrangement according to free market forces The implementation of the tax division scheme has stopped the decline of the ratio of fiscal revenue to gross domestic product, raised the percentage of central revenue in total national income, and strengthened the central function for macro economic control The mechanism for tax refund under the tax division scheme required further improvements Several proposals are made in this study: 1) tax classification should be adjusted according to administration; 2) a scientific and standardized system for regional transfer payment should be developed; and 3) the power for tax legislation should be delineated according to the rational division of administration between the central and local government

LOCAL CENTRAL LIMIT THEOREM AND BERRY-ESSEEN THEOREM FOR SOME NONUNIFORMLY HYPERBOLIC DIFFEOMORPHISMS

We prove that, for non-uniformly hyperbolic diffeomorphisms in the sense of Young, the local central limit theorem holds, and the speed in the central limit theorem is O（1/√n）.

Central government agencies in China:toward a research agenda

Central government agencies play key roles in making and implementing public policies in China,but the empirical studies on these organisations are disproportionally scarce.Scholars in political science and public administration predominantly focus their researches on local governments at various levels,while paying little,if any,attention to the central counterparts.This article discusses the phenomenon of strong local but weak central government research pattern(the so called‘central-local research divide’),and identifies the driving forces behind this research gap.It also introduces the lessons and implications from the US and European research projects for developing,replicating,and extending central agency databases.The research further elaborates the existing variables and data sources on central agencies and develops the China Central Agency Database(CCAD)to advance the quantitative research of central agencies in China.Finally,a conclusion is drawn with a research agenda to encourage researchers to coproduce the CCAD and embrace the study of central agencies.

Defying the Court:A Spatial Analysis of the Central–Local Government Relationship During the Boxer Uprising(1900–1901)

The central–local government relationship has always been an important topic for political research of the Late Qing period.Former researchers focused mainly on political systems,finding historical archives to explain how the Qing Court decentralized or centralized its power.These approaches fail to consider how local officials in fact reacted to central command.This research is an attempt to apply the social science method to a classical historical study.I firstly examine the various political decisions of governors when they were faced with a series of big events during the Boxer Uprising(1900–1901).After arranging them using strict criteria,I will conduct spatial and structural analysis on their diversity,and furthermore explore the internal and external influencing factors.Statistics indicate that governors of coastal provinces and of the provinces along the Yangtze River were more likely to express their opinions to the Qing court,while the North and Northeastern provinces tended to obey the central orders.Regional differences mainly have a positive correlation with provincial structural factors,such as revenue and relations with foreign powers.The correlations are also determined by personal political experience and resources of governors.

China’s Inclusive Public Finance System:Based on an Examination of Irregular Revenue

China's achievement of miraculous economic growth is a theoretical proposition that calls for an explanation.The key to understanding the logic of China’s economic reform is a rational explanation of the logical paradox between irregular local finance and the incentive compatibility of central and local governments.Based on the fact that autonomous local financial resources have long been dependent on irregular fiscal revenue,this paper constructs an inclusive public financial system analysis framework from the dual perspectives of the central and local government.This analytical framework offers an explanation of the long-standing implicit fiscal decentralization contract in which irregular fiscal revenue is the carrier in the reform process,together with a description of the central-local interaction process and institutional space underlying the behavioral motivations of central finance tolerance and local financial autonomy.It demonstrates the logical consistency of irregular fiscal revenue,central and local incentive compatibility,economic growth and market-oriented reform.The inclusive public finance system,which takes into account both local dynamism and central control,provides the important institutional logic that has enabled China to reach the dual goals of economic growth and market-oriented reform.

Analyzing the Potential Influence of Shanghai Stock Market Based on Link Prediction Method

In this paper, we analyze the 180 stocks which have the potential influence on the Shanghai Stock Exchange(SSE). First, we use the stock closing prices from January 1, 2005 to June 19, 2015 to calculate logarithmic the correlation coefficient and then build the stock market model by threshold method. Secondly, according to different networks under different thresholds, we find out the potential influence stocks on the basis of local structural centrality. Finally, by comparing the accuracy of similarity index of the local information and path in the link prediction method, we demonstrate that there are best similarity index to predict the probability for nodes connection in the different stock networks.