The Leading eBooks Store Online 4,353,660 members ⚫ 1,442,818 ebooks

New to eBooks.com?

Learn more

China: Does Government Health and Education Spending Boost Consumption?

China: Does Government Health and Education Spending Boost Consumption? by Steven Barnett
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy question is how to reverse this trend, and rebalance growth away from reliance on exports and investment and toward consumption. This paper investigates whether the sizable increase in government social spending in recent years lowered precautionary saving and increased consumption. The main findings are that spending on health, but not education, had an impact on household behavior. The impact, moreover, is large. A one yuan increase in government health spending is associated with a two yuan increase in urban household consumption.
International Monetary Fund; January 2010
14 pages; ISBN 9781452751061
Read online, or download in secure EPUB or secure PDF format
Title: China: Does Government Health and Education Spending Boost Consumption?
Author: Steven Barnett; Ray Brooks