Date of Award

2011

Document Type

Honors Thesis (Colby Access Only)

Department

Colby College. Economics Dept.

Advisor(s)

Guillermo Vuletin

Second Advisor

Samara Gunter

Abstract

Exploiting the intense and unique fiscal policy transformation witnessed in China during the last six decades, our paper unravels two novel findings. First, for the period 1980-2008, we find that the flypaper effect is indeed strongly present at the provincial level. Second, for the period 1952-1979, we find what we define as the teflon effect at the central government level. We show that the second finding is consistent with distortionay-based arguments.

Comments

Full-text download restricted to Colby College campus only.

Keywords

flypaper effect, teflon effect, fiscal federalism, fiscal reform

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