Public Expenditureson Social Programs and Household Consumption in China:
This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and provi...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2010
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 10/69 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and provides illustrative estimates of their implications for China. It then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a sustained 1 percent of GDP increase in public expenditures, distributed equally across education, health, and pensions, would result in a permanent increase the household consumption ratio of 11⁄4 percentage points of GDP |
| Beschreibung: | 1 Online-Ressource (28 p) |
| ISBN: | 1451982135 9781451982138 |
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| id | DE-604.BV048349853 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:27Z |
| indexdate | 2024-07-10T09:35:36Z |
| institution | BVB |
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| series2 | IMF Working Papers |
| spelling | Baldacci, Emanuele Verfasser aut Public Expenditureson Social Programs and Household Consumption in China Baldacci, Emanuele Washington, D.C International Monetary Fund 2010 1 Online-Ressource (28 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 10/69 This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and provides illustrative estimates of their implications for China. It then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a sustained 1 percent of GDP increase in public expenditures, distributed equally across education, health, and pensions, would result in a permanent increase the household consumption ratio of 11⁄4 percentage points of GDP Online-Ausg Callegari, Giovanni Sonstige oth Coady, David Sonstige oth Ding, Ding Sonstige oth Kumar, Manmohan S. Sonstige oth Tommasino, Pietro Sonstige oth Woo, Jaejoon Sonstige oth http://elibrary.imf.org/view/IMF001/10828-9781451982138/10828-9781451982138/10828-9781451982138.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Baldacci, Emanuele Public Expenditureson Social Programs and Household Consumption in China |
| title | Public Expenditureson Social Programs and Household Consumption in China |
| title_auth | Public Expenditureson Social Programs and Household Consumption in China |
| title_exact_search | Public Expenditureson Social Programs and Household Consumption in China |
| title_exact_search_txtP | Public Expenditureson Social Programs and Household Consumption in China |
| title_full | Public Expenditureson Social Programs and Household Consumption in China Baldacci, Emanuele |
| title_fullStr | Public Expenditureson Social Programs and Household Consumption in China Baldacci, Emanuele |
| title_full_unstemmed | Public Expenditureson Social Programs and Household Consumption in China Baldacci, Emanuele |
| title_short | Public Expenditureson Social Programs and Household Consumption in China |
| title_sort | public expenditureson social programs and household consumption in china |
| url | http://elibrary.imf.org/view/IMF001/10828-9781451982138/10828-9781451982138/10828-9781451982138.xml |
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