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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| 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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