Date of Award
Honors Thesis (Colby Access Only)
Colby College. Economics Dept.
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.
flypaper effect, teflon effect, fiscal federalism, fiscal reform
Recommended CitationLee, Cong Sheng Lyoe, "The Flypaper and Teflon Effect: Evidence From China" (2011). Honors Theses. Paper 611.
Colby College theses are protected by copyright. They may be viewed or downloaded from this site for the purposes of research and scholarship. Reproduction or distribution for commercial purposes is prohibited without written permission of the author.