Growth and poverty in rural China: the role of public investments
Public investment, together with institutional and policy reforms, has contributed substantially to rapid economic growth in rural China since the late 1970s. This rapid growth has also led to dramatic reductions in rural poverty. In this study we use a simultaneous equations model and time-series (...
| Autores principales: | , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2000
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/155957 |
| _version_ | 1855535887908077568 |
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| author | Fan, Shenggen Zhang, Linxiu Zhang, Xiaobo |
| author_browse | Fan, Shenggen Zhang, Linxiu Zhang, Xiaobo |
| author_facet | Fan, Shenggen Zhang, Linxiu Zhang, Xiaobo |
| author_sort | Fan, Shenggen |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Public investment, together with institutional and policy reforms, has contributed substantially to rapid economic growth in rural China since the late 1970s. This rapid growth has also led to dramatic reductions in rural poverty. In this study we use a simultaneous equations model and time-series (1978-97), cross-sectional (25 provinces) data to analyze the differential impact of different types of public investments on growth and poverty reduction in rural China. The results show that government expenditures on education have by far the largest impact on poverty reduction, and the second largest impact on production growth; it is a dominant “win-win” strategy. Government spending on agricultural research and extension has the largest impact on agricultural growth, and the third largest impact on poverty reduction. It is another win-win strategy. The next best investment is rural telecommunications, which gives the second largest impact on poverty reduction and the third largest impact on agricultural growth. The results also show that there are regional tradeoffs in achieving growth and poverty alleviation goals. If the government wishes to maximize its poverty reduction effects, then investments should be targeted to the western region. However, the sacrifice in growth by investing more in the western region is small. But, the government wishes to maximize the returns to growth in agricultural production, then it should definitely target the central region. |
| format | Artículo preliminar |
| id | CGSpace155957 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2000 |
| publishDateRange | 2000 |
| publishDateSort | 2000 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1559572025-11-06T07:18:03Z Growth and poverty in rural China: the role of public investments Fan, Shenggen Zhang, Linxiu Zhang, Xiaobo poverty public investment rural population Public investment, together with institutional and policy reforms, has contributed substantially to rapid economic growth in rural China since the late 1970s. This rapid growth has also led to dramatic reductions in rural poverty. In this study we use a simultaneous equations model and time-series (1978-97), cross-sectional (25 provinces) data to analyze the differential impact of different types of public investments on growth and poverty reduction in rural China. The results show that government expenditures on education have by far the largest impact on poverty reduction, and the second largest impact on production growth; it is a dominant “win-win” strategy. Government spending on agricultural research and extension has the largest impact on agricultural growth, and the third largest impact on poverty reduction. It is another win-win strategy. The next best investment is rural telecommunications, which gives the second largest impact on poverty reduction and the third largest impact on agricultural growth. The results also show that there are regional tradeoffs in achieving growth and poverty alleviation goals. If the government wishes to maximize its poverty reduction effects, then investments should be targeted to the western region. However, the sacrifice in growth by investing more in the western region is small. But, the government wishes to maximize the returns to growth in agricultural production, then it should definitely target the central region. 2000 2024-10-24T12:42:52Z 2024-10-24T12:42:52Z Working Paper https://hdl.handle.net/10568/155957 en Open Access application/pdf International Food Policy Research Institute Fan, Shenggen; Zhang, Linxiu; Zhang, Xiaobo. 2000. Growth and poverty in rural China: the role of public investments. EPTD Discussion Paper 66. https://hdl.handle.net/10568/155957 |
| spellingShingle | poverty public investment rural population Fan, Shenggen Zhang, Linxiu Zhang, Xiaobo Growth and poverty in rural China: the role of public investments |
| title | Growth and poverty in rural China: the role of public investments |
| title_full | Growth and poverty in rural China: the role of public investments |
| title_fullStr | Growth and poverty in rural China: the role of public investments |
| title_full_unstemmed | Growth and poverty in rural China: the role of public investments |
| title_short | Growth and poverty in rural China: the role of public investments |
| title_sort | growth and poverty in rural china the role of public investments |
| topic | poverty public investment rural population |
| url | https://hdl.handle.net/10568/155957 |
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