scholarly journals The Impact of Income Gap between Urban and Rural on Chinese Economic Growth: Based on the Perspective of Fiscal Expenditure Structure

2018 ◽  
Author(s):  
Ying Li ◽  
Jiawu Gan
Keyword(s):  
Economic Growth ◽  
Income Gap ◽  
Fiscal Expenditure ◽  
The Impact ◽  
Expenditure Structure

scholarly journals Fiscal Expenditure Incentives, Spatial Correlation and Quality of Economic Growth: Evidence from a Chinese Province

2016 ◽  
Vol 11 (7) ◽  
pp. 191 ◽  
Author(s):  
Jiangyi Qi
Keyword(s):  
Economic Growth ◽  
Spatial Correlation ◽  
Spillover Effect ◽  
Agglomeration Effect ◽  
Chinese Province ◽  
Fiscal Expenditure ◽  
Growth Quality ◽  
The Impact ◽  
Different Levels

<p>This paper constructs an index system to evaluate economic growth quality. After taking into account the spatial correlation, the impact of public expenditure on economic growth quality is investigates by using panel data from a Chinese province during 2007 and 2014. In this analysis, different levels of economic growth quality and fiscal expenditure are considered. The results reveal that (1) Economic growth quality should be measured not only from scale but also from structure, performance and coordination. (2) There is agglomeration effect because local government fiscal expenditure greatly promotes local region economic growth, and this rule not only embodies in scale, but also in performance and coordination. (3) The spatial spillover effect of neighbouring government fiscal expenditure on local economic growth quality cannot be ignored, and different fiscal expenditure represents different results. There is complex spatial correlation among governments and corporation relationship among regions is very important. Finally, some policies about fiscal exnpenditure and economic development are proposed.</p>

scholarly journals An Empirical Research on the Structure of Public Expenditure and Economic Growth—Evidence from China

2016 ◽  
Vol 8 (3) ◽  
pp. 85
Author(s):  
Li Yang Zi
Keyword(s):  
Economic Growth ◽  
Public Expenditure ◽  
Chinese Government ◽  
Social Expenditure ◽  
Output Elasticity ◽  
Negative Effect ◽  
Object Of Study ◽  
The Impact ◽  
Expenditure Structure

This paper takes the relationship between public expenditure structure and economic growth as the object of study. By using evidence from China, it analyzes how the Chinese Government should promote economic growth by the optimization of public expenditure structure when facing with a decline in the growth of fiscal revenue. The main conclusions of the paper are as follows: The impact of public expenditure structure on economic growth not only depends on the output elasticity of the item of expenditure, but also on its initial share. When the initial share is oversized, it will make an item of expenditure which appears to be productive become non-productive. For China, the proportions of economic construction expenditure and administrative expenditure have a significant negative effect on long-term economic growth; the social expenditure on culture and education has a significant positive effect on long-term economic growth.

scholarly journals Public education expenditure and economic growth: based on panel data from 2009 to 2019 in China

2021 ◽  
Vol 11 (2) ◽  
pp. 184-192
Author(s):  
Yao Liu ◽  
Ziru Tan ◽  
Xiaohua Ning
Keyword(s):  
Economic Growth ◽  
Public Education ◽  
Tertiary Education ◽  
Education Expenditure ◽  
Education Development ◽  
Financial Investment ◽  
Public Education Expenditure ◽  
The Impact ◽  
The Relationship ◽  
Expenditure Structure

Public education expenditure is the largest public expenditure and the foundation of education development in China. This paper uses Cobb-Douglas production function model to analyze the relationship between public education expenditure and China's economic growth, and explores the impact of the proportion of public education expenditure in primary, secondary and tertiary education expenditure on economic growth. The results show that public education expenditure has a positive effect on economic growth, and that secondary education accounts for the largest contribution to economic growth, followed by higher education and primary education. The research results suggest that China should increase financial investment in education and optimize the expenditure structure of three-level education.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

Solow economy model

2019 ◽  
pp. 150-157
Author(s):  
Oleksandr Synenko ◽  
Kateryna Yarema ◽  
Yuliia Bezsmertna
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Solow Model ◽  
Economy Model ◽  
Accelerated Depreciation ◽  
Basic Parameters ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Model Algorithm

The subject of the research is the approach to the possibility of using the Solow model to perform the regression analysis on the example of the Ukrainian economy model. The purpose of writing this article is to investigate the notion of regres- sion analysis, Solow’s economy model, algorithm for performing regression analy- sis on the example of Ukraine’s economy model. This model can be adapted for the economy of enterprises. Methodology. The research methodology is system-struc- tural and comparative analyzes (to study the structure of GDP); monograph (when studying methods of regression analysis on the example of the Ukrainian economy); economic analysis (when assessing the impact of factors on Ukraine’s GDP). The scientific novelty consists the features of the use of the Solow model on the ex- ample of Ukrainian economy are determined. An algorithm for calculating the basic parameters of a model using the Excel application package is disclosed. The main recommendations on the development of the national economy and economic growth through the use of macroeconomic instruments are given. Conclusions. The use of the Solow model enables forecasting and analysis. The results obtained re- vealed the problem of low resource return of capital as a resource, along with the means of macroeconomic regulation of the investment process, using which can improve the situation. A special place in these funds belongs to the accelerated depreciation and interest rate policies.

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