ArticleHeliyon2024
The impact of public fiscal expenditure on industrial transformation and upgrading: An inverted U-shape evidence from China.
Article in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
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Who cites it
1 citing paper in PubMed.
- Spatial spillovers in producer services-manufacturing coordination: evidence from Chinese provinces.Scientific reports · 2026Article
Corrections and comments
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Authors and funding
2 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
High-quality economic development relies on industrial transformation and upgrading. To promote industrial transformation and upgrading, efficient fiscal expenditures are undoubtedly important as pillars of national governance. However, in the context of the market economy, the government's excessive intervention in industrial development will lead to the "promotion tournament" of officials and the "beggar-thy-neighbor" local protectionism, resulting in the convergence of regional industrial structure, which will bring uncertain impact on the upgrading of regional industrial structure. Thus, this study empirically assesses how public fiscal expenditure impacts industrial transformation and upgrading as well as the mechanism by developing a spatial econometric model using the panel data of 250 Chinese cities from 2007 to 2020 and further discusses the differential impact from the perspective of urban scale. The findings disclose that public fiscal expenditure serves a crucial role in facilitating industrial transformation and upgrading, but their relationship resembles an inverted U. Therefore, an optimal scale of public fiscal expenditure exists. Heterogeneity findings reveal that the promoting effect of public fiscal expenditure on industrial transformation and upgrading decreases with the expansion of the city scale. The role mechanism implies that public fiscal expenditure indirectly leverages industrial transformation and upgrading through promoting technological innovation, reducing resource dependence, and expanding scale economies. The conclusion provides a theoretical and practical framework for the government to optimize public fiscal expenditure, promote the transformation and upgrading of China's industrial structure, and ultimately attain high-quality development.
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Registered trials
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