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The Fiscal Impact of Municipal Administrative Center Relocation
Documentos de TrabalhoMaio 2023Min Su, Can Chen, and Cathy Yang LiuThe relocation of administrative centers is an important policy instrument in China, empowering cities to promote urban economic growth, strengthen public finance, and improve public service...
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Fiscal Self-Sufficiency, Debt Limits, and Fiscal Sustainability in China’s Emerging Municipal Bond Market
Documentos de TrabalhoJunho 2022Yu Shi , Qing Li , and Robert BlandChina’s municipal bond market suffers from a tension between centralized policymaking by the national government and the decentralized implementation of those policies by subnational...
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Urban Development and Land Policy Reform in China
Learning from Lincoln Institute-Funded Working PapersDocumentos de TrabalhoFevereiro 2024Ayden ChiSince China’s economic liberalization reforms took off in 1978, various urban and land policy issues have emerged on the local and national levels. This paper briefly examines issues around...
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China's Policy to Limit Use of Public-Private Partnerships by Municipalities to Finance Capital Improvements
A Regression Discontinuity Design Analysis of the Fiscal ImpactDocumentos de TrabalhoJunho 2023Robert Bland, Jingran Sun, and Yu ShiChina’s rapid urbanization in the past four decades combined with the national government’s ambitious goals for economic growth have pressured public officials in prefectural cities to...
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Plus ça Change
Three Decades of Fiscal Policy and Central-Local Relations in ChinaDocumentos de TrabalhoJunho 2021Christine WongIn China’s decentralised fiscal system, since virtually all vital public services (education, healthcare, social welfare) are provided by local governments, a well-functioning intergovernmental...
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Nationwide Mass Appraisal Modeling in China
Feasibility Analysis for Scalability Given Ad Valorem Property Tax ReformDocumentos de TrabalhoAbril 2019Peadar Davis, Michael McCord, Paul Bidanset, and Margie CusackSince 2003, the Chinese government has considered introducing an annual property tax, and while it selected six pilot cities for experimenting with the viability of a mass appraisal system rollout,...
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Land Conversion and Misallocation Across Cities in China
Documentos de TrabalhoJunho 2019Shihe Fu, Xiaocong Xu, and Junfu ZhangThe Chinese government has been using quotas to control the amount of farmland that can be converted for urban uses in different cities every year. Using a sample of more than 1.5 million land-lease...
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Transition to the Property Tax in China
A Dynamic General Equilibrium AnalysisDocumentos de TrabalhoMaio 2017David Dale-Johnson and Guozhong ZhuWe use the dynamic general equilibrium approach to examine the potential impacts of the introduction of alternative tax regimes in China. This approach models housing demand and supply based on the...
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Recently posted working papers
Posts do BlogJaneiro 2008 -
The Debt Magnitude and Insolvency Risk of Local Financing Platforms in China
Documentos de TrabalhoJunho 2013Yang He and Joyce Yanyun ManPolicy makers and researchers have been debating the financial health of Chinese local government debt after the global financial crisis. However, the lack of transparency makes it difficult to full...
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