Public Expenditure And Property Cycle: The Case In Shanghai
China's economic growth heavily relies on fixed asset investment. Previous studies have demonstrated that GDP growth plays a key role in assessing Chinese local officials' performance and enhancing their chances of political promotion. Thus, local officials have a strong motivation to b...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Sains Malaysia
2012
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Subjects: | |
Online Access: | http://eprints.usm.my/42125/1/Art_6_jcdc17-1.pdf |