|Table of Contents|

Mechanism of the Impact of Vertical Fiscal Imbalance on Ecological Well-being Performance(PDF)

《南京师大学报》(社会科学版)[ISSN:1006-6977/CN:61-1281/TN]

Issue:
2022年05期
Page:
136-147
Research Field:
经济学研究
Publishing date:

Info

Title:
Mechanism of the Impact of Vertical Fiscal Imbalance on Ecological Well-being Performance
Author(s):
XIE E CHEN Xin
Keywords:
vertical fiscal imbalance ecological well-being performance local government behavior land development industrial structure
PACS:
-
DOI:
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Abstract:
Improving ecological well-being performance can reflect the essence of ecological civilization construction, high-quality green development and harmonious coexistence between man and nature. But it is necessary to explore the mechanism of the impact of vertical fiscal imbalance on ecological well-being performance in the situation where local governments face vertical fiscal imbalance. Based on the statistical data from some cities in China, we use instrumental variable method to analyze the impact of vertical fiscal imbalance on ecological well-being performance. Results show that vertical fiscal imbalance has a significant positive impact on ecological well-being performance, and this conclusion still holds after a series of robustness tests. However, marginal analysis based on quantile regression shows that the degree of vertical fiscal imbalance, when it is low or too high, cannot play a positive role, and even has a weak restraining effect on the ecological well-being performance. In addition, the vertical fiscal imbalance has significant heterogeneity effect on the ecological well-being performance. At the regional level, compared with the central and western regions, the vertical fiscal imbalance has a significant positive influence in the eastern region; in terms of the level of the city concerned, the effect on the provincial capitals and municipalities directly under the central government is higher than the cities under the provincial government; in terms of the degree of vertical fiscal imbalance, it shows greater significant positive impact on ecological well-being performance in the cities with lower degree of fiscal imbalance. Further mechanism analysis shows that vertical fiscal imbalance can indirectly affect ecological well-being performance through local government's land development behavior and industrial development behavior.

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Last Update: 2022-10-25