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Lai Yue

Work place: Financial and Economic Department, Guangxi University of Technology, Liuzhou, Guangxi 545006, P.R.China

E-mail: lunalaiyue@163.com

Website:

Research Interests: Business & Economics, Economics

Biography

Yue. Lai, borned in Liuzhou, Guangxi province, P.R. China on 12 Jan., 1981. Bachelor of Economics, got from the Business School of Wuhan University (Wuhan, Hubei province, P.R.China) in 2002. Master of Economics, got from the Economics and Management Schoool of Wuhan University in 2007. PhD. of Economics, got from the Economics and Management Schoool of Wuhan University in 2010. The author’s major fields are fiscal decentralization theory and economic growth in China. She worked for the financial and economic department of Guangxi University of Technology (Liuzhou, Guangxi province, P.R.China) since 2010. Her previous publications concludes: [1]Lai Yue. Commercial Briberies in Pharmaceutical Markets of China: A Game with Incomplete Information. Proceedings of the 2009 International Conference on Public Economics and Management.2010,Vol 6, 11-15. [2]Lai Yue. Fiscal decentralization, revenue and expenditure assignments, and economic growth. Proceedings of the 2009 International Conference on Public Economics and Management.2010,Vol 9,9-14.[3]Zou Wei and Lai Yue. Yaopin Shichang Zhonag Shangye Huilu de Jingjixue Fenxi:Yige Bu Wanmei Xinxi de Boyi Moxing. Wuhan University Journal (Philosophy & Social Sciences). 2010, Vol.5, 761~769. She currently interests in county-level economic growth in China.

Author Articles
Government Expenditures, Transfer Payments and Economic Growth

By Lai Yue Cheng Tianzhu

DOI: https://doi.org/10.5815/ijem.2012.04.12, Pub. Date: 29 Aug. 2012

Incorporating a two-level government structure into an endogenous growth model, we distinguished between productive and non-productive government expenditures. With transfer payments considered, we showed that (1) there was an “Inverted U-shaped” relationship between the tax rate and the long-run economic growth, so was the relationship between the degree of fiscal decentralization and the long-run economic growth; (2) optimal ratios between productive and non-productive expenditures of two levels of governments, between transfer payments and other parts of expenditures of the state-level governments are needed to maximize the long-run economic growth.

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Intergovernmental Allocation of Public Resources, Fiscal Decentralization and Economic Growth

By Tianzhu. Cheng Lai Yue

DOI: https://doi.org/10.5815/ijieeb.2011.03.02, Pub. Date: 8 Jun. 2011

Incorporating a two-level government structure into an endogenous growth model, we discussed the growth impacts of different intergovernmental allocation of public resources, i.e. intergovernmental transfer payments and the power of revenue autonomy of the lower-level government, along with fiscal decentralization. we showed that (1) there was an “Inverted U-shaped” relationship between fiscal decentralization and economic growth; (2) Different intergovernmental allocation of public resources does not affect the “Inverted U-shape” relationship between fiscal decentralization and economic growth.

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