Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties
This paper builds a theoretical model of government performance functions for poverty alleviation using county-level panel data from 81 counties in China from 2014 to 2019. It uses a Panel-Tobit model and mechanism tests to verify the effect of fiscal policies on poverty reduction, and consolidates...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-07-01
|
| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844023046595 |
| _version_ | 1797771543523098624 |
|---|---|
| author | Changsong Wang Xihui Chen Jin Hu Muhammad Shahid |
| author_facet | Changsong Wang Xihui Chen Jin Hu Muhammad Shahid |
| author_sort | Changsong Wang |
| collection | DOAJ |
| description | This paper builds a theoretical model of government performance functions for poverty alleviation using county-level panel data from 81 counties in China from 2014 to 2019. It uses a Panel-Tobit model and mechanism tests to verify the effect of fiscal policies on poverty reduction, and consolidates the robustness of the results through a series of extended methods, such as endogeneity treatment, robustness tests, and heterogeneity analysis. The results show that (1) poverty-related allocations can significantly reduce poverty incidence, and the effect of poverty reduction is more pronounced in poor counties; (2) public spending can significantly reduce poverty incidence, and the effect of poverty reduction through public spending is more pronounced in the sample of poor counties and nonfunded pilot counties; (3) poverty reduction can affect poverty incidence through primary and secondary industry development, and the effect of poverty reduction through primary industry development is more significant, while public spending does not affect poverty incidence through primary and secondary industries; and (4) improving health services can reduce poverty to a large extent, while education development has no effect on poverty reduction due to the long return cycle. This study suggests increasing the size of poverty-specific allocations and public spending, strengthening industry support, and implementing differentiated policy initiatives according to local conditions to improve the impact of poverty reduction. |
| first_indexed | 2024-03-12T21:39:08Z |
| format | Article |
| id | doaj.art-15e93d3bdf8440ff8b42e48134ab5a4c |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-03-12T21:39:08Z |
| publishDate | 2023-07-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-15e93d3bdf8440ff8b42e48134ab5a4c2023-07-27T05:56:30ZengElsevierHeliyon2405-84402023-07-0197e17451Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese countiesChangsong Wang0Xihui Chen1Jin Hu2Muhammad Shahid3Institute of Agricultural Economics and Information, Jiangxi Academy of Agricultural Sciences, Nanchang, 330200, China; School of Economics and Management, Nanchang University, NanChang, 330013, ChinaInnovation and Development Research Center, Hangzhou United Rural Commercial Bank, Hangzhou, 310000, China; School of Management, Zhejiang University of Technology, Hangzhou, 310000, China; Corresponding author. Innovation and Development Research Center, Hangzhou United Rural Commercial Bank, Hangzhou, 310000, China.School of Big Data and Economics, Guizhou University of Finance and Economics, Guiyang, 550025, Guizhou, ChinaSchool of Insurance and Economics, University of International Business and Economics, Beijing, 100029, China; Vanke School of Public Health, Tsinghua University, Beijing, 100084, ChinaThis paper builds a theoretical model of government performance functions for poverty alleviation using county-level panel data from 81 counties in China from 2014 to 2019. It uses a Panel-Tobit model and mechanism tests to verify the effect of fiscal policies on poverty reduction, and consolidates the robustness of the results through a series of extended methods, such as endogeneity treatment, robustness tests, and heterogeneity analysis. The results show that (1) poverty-related allocations can significantly reduce poverty incidence, and the effect of poverty reduction is more pronounced in poor counties; (2) public spending can significantly reduce poverty incidence, and the effect of poverty reduction through public spending is more pronounced in the sample of poor counties and nonfunded pilot counties; (3) poverty reduction can affect poverty incidence through primary and secondary industry development, and the effect of poverty reduction through primary industry development is more significant, while public spending does not affect poverty incidence through primary and secondary industries; and (4) improving health services can reduce poverty to a large extent, while education development has no effect on poverty reduction due to the long return cycle. This study suggests increasing the size of poverty-specific allocations and public spending, strengthening industry support, and implementing differentiated policy initiatives according to local conditions to improve the impact of poverty reduction.http://www.sciencedirect.com/science/article/pii/S2405844023046595Poverty-specific allocationsPublic spendingPoverty reduction effectsPanel Tobit |
| spellingShingle | Changsong Wang Xihui Chen Jin Hu Muhammad Shahid Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties Heliyon Poverty-specific allocations Public spending Poverty reduction effects Panel Tobit |
| title | Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties |
| title_full | Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties |
| title_fullStr | Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties |
| title_full_unstemmed | Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties |
| title_short | Poverty alleviation and rural revitalization: Perspective of fiscal spending and data evidence from 81 Chinese counties |
| title_sort | poverty alleviation and rural revitalization perspective of fiscal spending and data evidence from 81 chinese counties |
| topic | Poverty-specific allocations Public spending Poverty reduction effects Panel Tobit |
| url | http://www.sciencedirect.com/science/article/pii/S2405844023046595 |
| work_keys_str_mv | AT changsongwang povertyalleviationandruralrevitalizationperspectiveoffiscalspendinganddataevidencefrom81chinesecounties AT xihuichen povertyalleviationandruralrevitalizationperspectiveoffiscalspendinganddataevidencefrom81chinesecounties AT jinhu povertyalleviationandruralrevitalizationperspectiveoffiscalspendinganddataevidencefrom81chinesecounties AT muhammadshahid povertyalleviationandruralrevitalizationperspectiveoffiscalspendinganddataevidencefrom81chinesecounties |