Fiscal Decentralization,Government Competition and Technological Innovation——Spatial Econometric Analysis Based on 277 Cities
Chen Kai, Xiao Peng
Chinese Academy of Fiscal Sciences,Beijing 100142,China; School of Public Finance and Tax,Central University of Finance and Economics,Beijing 100081,China
Abstract:Based on the innovation-driven development strategy and the new political achievement view,this paper studies the relationship between fiscal decentralization,local government competition and technological innovation,and analyzes the behavior choices made by local governments in the face of technological innovation from the perspective of official incentives.According to the panel data of 277 cities from 2008 to 2017,the SDM show that fiscal decentralization is conducive to promoting local technological innovation,but economic competition will significantly inhibit fiscal decentralization on local technological innovation.The spatial effect found that economic competition has a certain promotion effect on technological innovation in areas with similar development levels,indicating that with the promotion of innovation-driven development strategies and the new achievement view,the adverse effects of local government competition on technological innovation have been corrected to a certain extent.
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