In analyzing China's 1994 tax-sharing system, this article focuses on changes in central tax and non-tax budgetary revenue, local upward remittance, central fixed subsidy, tax revenue rebate, and capital construction investment. The results, based on data from Guangdong and Fujian Provinces, suggest that the system has generally achieved its aims but geographical variations remain.
No takes yet. Share an insight, caveat, or question.
Loo et al. (2006) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: