Proceedings of the 2022 International Conference on Computer Science, Information Engineering and Digital Economy (CSIEDE 2022)

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Fiscal Decentralization, Economic Policy Uncertainty andHigh-Quality Economic Development An Empirical Study Based on Systematic GMM

Authors
Qifang Xiao1, *, Tong Lin1, Yuhua Ma1
1College of Economics, Sichuan Agricultural University, Chengdu, 611130, China
*Corresponding author. Email: xqf3136@163.com
Corresponding Author
Qifang Xiao
Available Online 30 December 2022.
DOI
10.2991/978-94-6463-108-1_64How to use a DOI?
Keywords
Fiscal decentralization; Economic policy uncertainty; High-quality economic development; Moderating effect; Systematic GMM estimation
Abstract

China has entered the stage of high-quality economic development, how to effectively achieve high-quality economic development has become an important issue in today's society. Based on the data of 30 provincial samples from 2006 to 2020, a comprehensive index system of high-quality economic development was constructed from five aspects of the new development concept, and the entropy method was used to determine the index weight. Based on the moderating effect of economic policy uncertainty, this paper empirically analyzes the impact of Chinese style fiscal decentralization on the high-quality development of Chinese economy by using systematic GMM. The results show that fiscal decentralization can actively promote our economy to achieve high quality development, the more perfect the fiscal decentralization system, the higher the quality of economic development. The uncertainty of economic policies caused by the change of officials will negatively regulate the relationship between fiscal decentralization and high-quality economic development, and weaken the promoting effect of fiscal decentralization on high-quality economic development.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Computer Science, Information Engineering and Digital Economy (CSIEDE 2022)
Series
Advances in Computer Science Research
Publication Date
30 December 2022
ISBN
10.2991/978-94-6463-108-1_64
ISSN
2352-538X
DOI
10.2991/978-94-6463-108-1_64How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Qifang Xiao
AU  - Tong Lin
AU  - Yuhua Ma
PY  - 2022
DA  - 2022/12/30
TI  - Fiscal Decentralization, Economic Policy Uncertainty andHigh-Quality Economic Development An Empirical Study Based on Systematic GMM
BT  - Proceedings of the 2022 International Conference on Computer Science, Information Engineering and Digital Economy (CSIEDE 2022)
PB  - Atlantis Press
SP  - 564
EP  - 574
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-108-1_64
DO  - 10.2991/978-94-6463-108-1_64
ID  - Xiao2022
ER  -