Impacts of agricultural public spending on Chinese food economy A general equilibrium approach

文献类型： 外文期刊

第一作者： Xu, Shiwei

作者： Xu, Shiwei;Zhang, Yumei;Xu, Shiwei;Zhang, Yumei;Diao, Xinshen;Chen, Kevin Z.

作者机构：

关键词： China;Economic policy;Agriculture;Food;Agricultural investment;Agricultural policy;Food economy

期刊名称：CHINA AGRICULTURAL ECONOMIC REVIEW （ 影响因子：2.239； 五年影响因子：2.048 ）

ISSN： 1756-137X

年卷期： 2011 年 3 卷 4 期

页码：

收录情况： SCI

摘要： Purpose - The purpose of this paper is to develop a dynamic computable general equilibrium (DCGE) model to analyze economy-wide impacts of different types of public spending in China. A particular focus is placed on their impacts on food economy. Design/methodology/approach - In this paper, DCGE model is developed to analyze economy-wide impacts of different types of public spending in China. The effects of increased agricultural subsidies, agricultural R&D, and irrigation are simulated by using China DCGE model. Findings - The results show that public spending has significant impact on food production, price, and trade. The increased public spending on agricultural R&D, irrigation, and agricultural subsidy also has modest impacts on other sectors such as industry, service, and GDP growth. Originality/value - The paper constructs the China dynamic CGE model and analyzes economy-wide impacts of different types of public spending in China, especially for the food economy.

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