Research on the Spatial Correlation of Local Government Debts in China

doi:10.3969/j.issn.1005-6378.2019.06.011

JOURNAL OF HEBEI UNIVERSITY (Philosophy and Social Science) ›› 2019, Vol. 44 ›› Issue (6): 93-102.DOI: 10.3969/j.issn.1005-6378.2019.06.011

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Research on the Spatial Correlation of Local Government Debts in China

MA En-tao¹, LYU Han-ping²

1.School of Finance and Taxation, Shandong University of Finance and Economics, Jinan, Shandong 250014; 2.School of Economics, Xiamen University, Xiamen, Fujian 361005, China

Received:2019-07-14 Online:2019-11-25 Published:2019-11-25

Abstract

Abstract: Based on the data of local government debts in 30 provinces in 2013 and 2016,the local government debts have been analyzed in global and local spatial autocorrelation.The results show that there is a positive spatial correlation belween debts of local governments in different province and cities,and the proportion of fixed ascet investment, the rate of fiscal revenue absorption,the rate of fiscal self-sufficiency and the rate of revenue stabilpty are positively related to the debt rate,while the rate of GDP growth and the rate of urbanization are negatively related to the debt rate.on this basis,this paper gives some suggestions on the implementation of inter provincial government debt regional policy and supervision and management policy.

Key words: local government debt, spatial correlation, spatial econometrics

CLC Number:

F810.4

MA En-tao, LYU Han-ping. Research on the Spatial Correlation of Local Government Debts in China[J]. JOURNAL OF HEBEI UNIVERSITY (Philosophy and Social Science), 2019, 44(6): 93-102.

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Research on the Spatial Correlation of Local Government Debts in China

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