Does Increasing Public Service Expenditure Slow the Long-Term Economic Growth Rate? : Evidence from China
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- Xiao Weize
- Jilin University
書誌事項
- タイトル別名
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- Does Increasing Public Service Expenditure Slow the Long-Term Economic Growth Rate?—Evidence from China
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<p>Economic downturns have increased in recent years, and the impact of COVID-19 has slowed economic growth. The market’s overall pessimism led to a contraction in the government’s fiscal revenue. The Chinese economy has always relied on government investments. Local governments’ productive investments have directly contributed to capital formation, which has promoted rapid economic growth. With the increase in expenditure pressure and the tightening of income caliber, will the continuous growth of the proportion of public service expenditure affect the established growth goals and hinder the efficiency of economic growth? This study explains this based on a general equilibrium model containing two types of government expenditure and uses China’s 2010–2019 provincial panel data for the empirical analysis. The results show that, in the current economic situation, increasing the proportion of public service expenditure is conducive to further economic growth.</p>
収録刊行物
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- Journal of Advanced Computational Intelligence and Intelligent Informatics
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Journal of Advanced Computational Intelligence and Intelligent Informatics 27 (5), 761-770, 2023-09-20
富士技術出版株式会社
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詳細情報 詳細情報について
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- CRID
- 1390579001560191104
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- NII書誌ID
- AA12042502
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- ISSN
- 18838014
- 13430130
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- NDL書誌ID
- 033062517
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- 本文言語コード
- en
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- データソース種別
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- JaLC
- NDL
- Crossref
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- 抄録ライセンスフラグ
- 使用不可