Transfer Payments and Regional Total Factor Productivity: Evidence From China

Through theoretical analysis and empirical test, the following conclusions are drawn: Firstly, the benchmark test proves that transfer payments (TPs) significantly promote regional TFP. Secondly, the conclusions of this paper are still valid after using the system GMM model and instrumental variable...

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Bibliographic Details
Main Authors: Zhiwei Cao, Baijun Wu, Sha Liu
Format: Article
Language:English
Published: Wiley 2024-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2024/8045857
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