除了以牙还牙美国 301 关税对中国地方政府支出的影响

IF 2.1 4区经济学 Q2 ECONOMICS

Economics Letters Pub Date : 2024-10-16 DOI:10.1016/j.econlet.2024.112030

Jiafeng Pan , Te Du , Chao Fang

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引用次数: 0

摘要

许多研究表明，中美贸易战损害了中国的出口和经济。本文分析了地方政府是否通过公共支出来应对美国 301 关税。利用各城市关税风险的差异，本文发现关税冲击导致地方政府增加公共支出，主要用于社会保障和就业。异质性分析表明，这种效应在开放程度较高、财政压力较小、储蓄水平较低的城市更为明显。本文提供了稳健性检验。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Besides tit for tat: The effect of US 301 tariffs on Chinese local government spending

Many studies have shown that the US-China trade war has harmed China's exports and economy. This paper analyzes whether local governments respond to US 301 tariffs through public spending. Using the variation of tariff exposure across cities, this paper finds that the tariff shock led local governments to increase public spending, mainly on social security and employment. Heterogeneity analysis indicates this effect was more pronounced in cities with higher openness, lower fiscal pressure, and lower saving levels. Robustness tests are provided.

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来源期刊

Economics Letters ECONOMICS-

CiteScore

3.20

自引率

5.00%

发文量

348

审稿时长

30 days

期刊介绍： Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.