“Province-Managing-County” fiscal reform, land expansion, and urban growth in China
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文摘

We examine the economic impact of China's “Province-Managing-County” fiscal reform.

We find that the reform moderately increased city GDP growth.

We also find that growth increased due to the reform-induced expansion of land.

Our results indicate that the impacts of the reform strengthened over time.

Our results also indicate that rich and poor cities were affected differently.

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