Version 1
: Received: 21 June 2023 / Approved: 23 June 2023 / Online: 23 June 2023 (11:11:02 CEST)
How to cite:
Wang, G.; Zhang, L.; Wang, D. Fiscal Expenditure on People's Livelihood and the Achievement of Regional High-Quality Economic Development Systems: Evidence from China. Preprints2023, 2023061662. https://doi.org/10.20944/preprints202306.1662.v1
Wang, G.; Zhang, L.; Wang, D. Fiscal Expenditure on People's Livelihood and the Achievement of Regional High-Quality Economic Development Systems: Evidence from China. Preprints 2023, 2023061662. https://doi.org/10.20944/preprints202306.1662.v1
Wang, G.; Zhang, L.; Wang, D. Fiscal Expenditure on People's Livelihood and the Achievement of Regional High-Quality Economic Development Systems: Evidence from China. Preprints2023, 2023061662. https://doi.org/10.20944/preprints202306.1662.v1
APA Style
Wang, G., Zhang, L., & Wang, D. (2023). Fiscal Expenditure on People's Livelihood and the Achievement of Regional High-Quality Economic Development Systems: Evidence from China. Preprints. https://doi.org/10.20944/preprints202306.1662.v1
Chicago/Turabian Style
Wang, G., Liang Zhang and Dingqing Wang. 2023 "Fiscal Expenditure on People's Livelihood and the Achievement of Regional High-Quality Economic Development Systems: Evidence from China" Preprints. https://doi.org/10.20944/preprints202306.1662.v1
Abstract
Existing research lacks studies that explore the impact of government fiscal support on the high-quality development of regional economy and society from the perspective of livelihood-based infrastructure construction. The investigation in this paper explores the economic and social effects of government fiscal support behavior from the perspective of livelihood infrastructure construction. On the basis of the TOPSIS-Entropy Method, this paper constructs an evaluation indicator that closely conforms to the denotation and requirements of high-quality development and then carries out empirical regressions in combination with government expenditure on people's livelihood to verify the theoretical hypothesis, whose transmission mechanism and moderating effect are further empirically tested. The results reveal that increasing government expenditure on people's livelihoods can effectively improve regional high-quality development, but the marginal improvement degree varies with different periods and locations. The mechanism test proves that the regional consumption level plays a significant part in the mediating effect, accounting for 24.27% of the total effect. Urbanization is also the critical impetus for regional high-quality development and positively moderates the promotion effect of people's livelihood fiscal expenditure. Our study presents a theoretical basis and policy inspiration for improving residents' quality of life and welfare level and improving people's livelihood in the midst of high-quality economic development.
Keywords
Economic high-quality development systems; Fiscal expenditure on people's livelihood; Consumption level; Urbanization; Well-being economy
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
