Pure Public Goods Model and the Optimal Size of Chinas Fiscal Expenditure: 1978-2006

摘要：

From the perspective of maximizing the economic growth rate, this paper examined the optimal size of Chinas fiscal expenditure with theoretical and empirical methods. First, the paper established a Pure Public Goods Model, based on which it further estimated that during the period of 1978-2006, Chinas optimal size of fiscal expenditure is about 21.82-27.28 percent of GDP. Judging by this optimal criterion, it finally divided Chinas policy development into three stages: (1) the higher-size stage (1978-1992);(2) the lower-size stage (19931999);(3) the optimal-size stage (2000-2006)

关键词： Pure Public Goods Model optimal size fiscal expenditure

作者: Qunli Wu

作者单位: Department of Economics and Management in North China Electric Power University, Baoding 071003, China

会议类型: 国际会议

会议名称: 2010 International Conference on Advanced Mechanical Engineering(2010年先进机械工程国际学术会议 AME 2010)

会议地点: 洛阳

会议语种:英文

页码: 14-19

在线出版日期: 2010-09-04（万方平台首次上网日期，不代表论文的发表时间）