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|z 9781451982138
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|a 1018-5941
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|a Baldacci, Emanuele.
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|a Public Expenditures on Social Programs and Household Consumption in China /
|c Emanuele Baldacci, Ding Ding, David Coady, Giovanni Callegari.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (28 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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 1u percentage points of GDP.
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|a Mode of access: Internet
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|a Callegari, Giovanni.
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|a Coady, David.
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|a Ding, Ding.
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|a IMF Working Papers; Working Paper ;
|v No. 2010/069
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/069/001.2010.issue-069-en.xml
|z IMF e-Library
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