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Book Cover
Author Barnett, Steven (Steven Alan), author

Title China : does government health and education spending boost consumption? / prepared by Steven Barnett and Ray Brooks
Published Washington, D.C. : International Monetary Fund, [2010]
Online access available from:
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Description 1 online resource (13 pages) : color illustrations
Series IMF working paper ; WP/10/16
IMF working paper ; WP/10/16
Summary 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
Bibliography Includes bibliographical references (page 13)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Consumption (Economics) -- China.
Education -- China.
Government spending policy -- China.
Public health -- China.
Saving and investment -- China.
Form Electronic book
Author Brooks, Ray, 1949- author
International Monetary Fund. Asia and Pacific Department, issuing body
ISBN 1451918658 (E-Book)