Economic Reforms and Infrastructure Spending: Evidence from China and India
Published By: UNU-WIDER on eSS | Published Date: August, 10 , 2009This paper examines the country specific effect of policy reform on infrastructure spending in
China and India. In China we have examined how marketization and decentralization has
affected the composition of provincial public expenditure and in the case of India we have
examined the impact of fiscal reforms on sub-national infrastructure spending. It is observed
that in China with a lower marketization level in 1986–1992, fiscal decentralization had positive
effect on development expenditure and negative effect on other expenditure. [Research Paper No. 2009/43]
Author(s): Pinaki Chakraborty, Yan Zhang | Posted on: Jan 10, 2011 | Views(838) | Download (126)