Does legislation improvement alleviate the decoupling between welfare and wealth in China?
With an increasing decoupling trend between welfare and wealth, alleviating the decoupling trend has become a key issue on the agenda of sustainable development. This paper verifies the existence of the decoupling and examines the effects of legislation on the trend. By conducting an analysis on China's 31 provinces from 1986 to 2018, we find that legislation improvement can notably alleviate the decoupling trend.