區(qū)域經(jīng)濟學(xué)regionaleconomicdevelopment第七章-在線瀏覽
2024-10-13 15:53本頁面
【正文】 it in the coastal region. Again, the budget is assumed to be balanced but now consumption spending is reduced to cover the new infrastructure spending and as before, the latter has a greater ine effect than the former. 3. A cut in agricultural taxes helps agriculture in the interior region but the overall impact at the end is that although the output gap gets reduced somewhat, the output per capita gap increases. This is because the extra agricultural output causes a fall in the price of agricultural goods, to put it in relatively simple terms. 4. An improvement in agricultural productivity reduces the output gap and the output per capita gap. Capital will flow from the coastal region to the interior and migration will be from the coastal region to the interior. Overall welfare increases in both regions 5. A relaxation of the hukou regulations, as already mentioned, results in a substantial increase in migration to the coastal region and this significantly reduces the output per capita gap. But it does this by actually lowering output per capita in the coastal region, while raising it in the interior. Hence, it involves a redistribution of ine between the two regions that means the coastal region has a vested interest in preventing any change in the hukou regulations. 6. An increase in the central government’s spending in the interior region does not change the per capita output gap. Because of the balanced budget assumptions they build into their model, more spending in the interior means less spending in the coastal region. The output gap does not improve because ultimately migration flows outweigh output effects and the per capita output gap increases 7. A fiscal transfer from the coast to the interior does not reduce the per capita output gap. The results of this paper are somewhat artificial as any simulati
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