Spatial Interaction of Local Government Debt: Evidence from China
Sustainability (Switzerland), ISSN: 2071-1050, Vol: 16, Issue: 8
2024
- 6Captures
- 2Mentions
Metric Options: CountsSelecting the 1-year or 3-year option will change the metrics count to percentiles, illustrating how an article or review compares to other articles or reviews within the selected time period in the same journal. Selecting the 1-year option compares the metrics against other articles/reviews that were also published in the same calendar year. Selecting the 3-year option compares the metrics against other articles/reviews that were also published in the same calendar year plus the two years prior.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Metrics Details
- Captures6
- Readers6
- Mentions2
- Blog Mentions1
- Blog1
- News Mentions1
- 1
Most Recent News
Research from Qingdao University of Technology in the Area of Government Published (Spatial Interaction of Local Government Debt: Evidence from China)
2024 MAY 07 (NewsRx) -- By a News Reporter-Staff News Editor at Politics, Law & Government Daily -- A new study on government is now
Article Description
The amount of local government debt has an important impact on the economic and social sustainability of a country. The rapid increase in local government debt in China over the past decade and the associated risks have profound implications for financial and economic sustainable development. While existing research has investigated governmental strategic interactions of tax and spending, little attention has been given to the spatial interaction of local government debt. This study employs Two-Regime Spatial Lag Models to investigate the spatial interaction of the debt among China’s 332 prefectural-level local governments over the period of 2015 to 2019. The findings show significant interaction effects between neighbouring governments, both in the acquisition and utilisation of debt quotas, and the interaction during the acquisition process is higher than that during the utilisation process. In addition, the interaction between neighbouring governments within the same province is more pronounced than that between governments adjacent but located in different provinces. Furthermore, the interaction of special debt is more manifest than that of general debt. These findings pass various robustness tests. Additionally, the mechanism test shows that fiscal competition is one of the driving forces behind the observed interdependence of local governments’ debt strategies.
Bibliographic Details
Provide Feedback
Have ideas for a new metric? Would you like to see something else here?Let us know