The Empirical Analysis of Fiscal Policy in Urbanization Development
Xiao-Feng ZHANG, Shu-min YANG
Available Online 1 August 2020.
- https://doi.org/10.2991/assehr.k.200801.063How to use a DOI?
- urbanization, fiscal policy, VAR model
- Urbanization is an important driving force for China’s economic development, and it is inseparable from the support of fiscal policies. Therefore, establishing a modern fiscal system and deepening the reform of the tax system to promote rapid urbanization have become urgent issues. Based on the analysis of the role of fiscal policy in urbanization development, empirical analysis by using the VAR model show that there is a close co-integration relationship between urbanization development and fiscal policy. So it is important to establish a “two-way mechanism” between urbanization development and fiscal policy. The gradual and alternative effects of the two major variables of fiscal policy can promote the development of urbanization, at the same time, accelerating the process of urbanization can continuously improve the fiscal policy, such as promoting the steady growth of public fiscal revenue and the scientific allocation of public fiscal expenditure.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Xiao-Feng ZHANG AU - Shu-min YANG PY - 2020 DA - 2020/08/01 TI - The Empirical Analysis of Fiscal Policy in Urbanization Development BT - 2020 International Conference on Social Science, Economics and Education Research (SSEER 2020) PB - Atlantis Press SP - 263 EP - 267 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.200801.063 DO - https://doi.org/10.2991/assehr.k.200801.063 ID - ZHANG2020 ER -