HIGHLIGHTS
- who: pc from the School of Economics, Guangdong Ocean University, Zhanjiang, China have published the Article: BCP Business & Management FEMS 2022 Volume 19 (2022), in the Journal: (JOURNAL)
- what: Paper, the following hypotheses are proposed: Hypothesis 1: Local government financial resources restrain the expansion of local government debt. To ensure the stability of the sequence, make the residual of the model show random characteristics, and reflect the relationship between explained variables and explanatory variables more conveniently. In this paper, the year fixed effect is controlled and the regression results in Table 2 are obtained.
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