Part I includes three chapters which focus on the effects on economicgrowth of public and private sectors activities. In Chapter 1, we examinethe relationship between public and private investment and GDP growthfor Japan and the US. We here, based on the features of the data of the twocountries, apply the methods of Generalized Method of Moments (GMM)and Ordinary Least Squares (OLS) to Japan and the US, respectively. It isshown that both public and private investment contribute to economicgrowth greatly in Japan, while in the US public investment seems to play aless important role than private investment.
作者簡(jiǎn)介
Zou Yang, Associate Professor of Public Finance at School of Economics, Nankai University. Mr. Zou received his Ph.D. in International Public Policy from Osaka University in Japan in 2006.His research fields include Public Economics, Applied Econometrics and Game Theory, etc. Some of his academic papers written in English and Japanese have been published in Applied Economics, Journal of Economic Policy Studies and International Public Policy Studies, etc. Recently he published several textbooks and papers written in Chinese. He also reported his research results at international academic conferences actively.
圖書目錄
A Dedication Acknowledgements Introduction Text Figures Text Tables PART Ⅰ Empirical Estimation on the Effects of Public-sector on Economic Growth Activities Chapter 1 A Comparative Analysis of the Relationship between Public and Private Investment and Economic Growth 1.1 Introduction 1.2 Theoretical Framework 1.3 Empirical Analysis 1.3.1 GMM Estimation 1.3.2 OLS Estimation 1.4 Some Confirmation 1.5 Conclusion Appendix for Chapter 1 Chapter 2 A Simple VECM Estimatiofi on the Interactions among Public and Private Capital Investment, Innovation Investment and Economic Growth 2.1 Introduction 2.2 Data and Unit Root Tests and Co-integration Tests 2.3 Vector Error Correction Model (VECM) 2.4 Empirical Estimation 2.4.1 Estimated Result 2.4.2 Impulse Response Function and Variance Decomposition Analysis 2.4.3 Granger Causality Tests 2.5 Conclusion References for Chapters 1 and 2 Chapter 3 Innovative Inputs, Patent and Production Outputs 3.1 Introduction 3.2 Comparison of Technological Innovation Activities 3.3 Empirical Analysis 3.3.1 Data 3.3.2 Relationship of Innovative Inputs and Patent Outputs 3.3.3 Relationship of Patent and Production Outputs 3.4 Conclusion References for Chapter 3 PART Ⅱ Empirical Estimation on the Effects of Public-sector Activities on Private Consumption Chapter 4 Effects of Government Consumption and Public Debt on Private Consumption: An Augmented Consumption Function Estimation 4.1 Introduction 4.2 Previous Empirical Studies 4.3 Empirical Analysis 4.3.1 An Augmented Consumption Function 4.3.2 Econometric Issues 4.3.3 Data 4.3.4 Empirical Estimation and Its Result 4.4 Conclusion Notes for Chapter 4 Chapter 5 Effects of Current Government Activities on Private Consumption: An Euler Equation Estimation 5.1 Introduction 5.2 "Effective" Consumption Theory and Euler Equation 5.2.1 Barros "Effective" Consumption Theory 5.2.2 Euler Equation and Its Incorporation with the "Effective" Consumption Theory 5.3 Data 5.4 Empirical Analysis 5.5 Comparison to Aschauers Estimation (1985 ) 5.6 Conclusion Notes for Chapter 5 Chapter 6 Effects of Government Activities on Private Consumption: A Further Euler Equation Estimation 6.1 Introduction 6.2 Incorporate "Effective" Consumption Theory with Euler Equation 6.2.1 "Effective" Consumption Theory 6.2.2 Euler Equation and Its Incorporation with the Developed "Effective" Consumption Theory 6.3 Empirical Analysis 6.4 Conclusion References for Chapters 4-6 PART III Empirical Estimation on the Effects of Public-sector Activities on Economic Efficiency Chapter 7 Empirical Estimation on the Performance of Government Procurement System Reform in China 7.1 Introduction 7.2 Fiscal Money Saving Function 7.3 Data 7.4 Panel Model and Its Estimation 7.5 Conclusion References for Chapter 7 Chapter 8 Commodity Taxation and Economic Efficiency——An Estimation of CGE Models 8.1 Introduction 8.2 Theory on Optimal Commodity Taxation 8.2.1 The Classical Ramsay Rule 8.2.2 Ramsay Rule with Many Households 8.2.3 Some Argument on Ramsay Rule 8.3 Dynamic Computable General Equilibrium Models 8.3.1 MPSGE Static Analysis 8.3.2 Dynamic Analysis 8.4 Simulations 8.4.1 Procedures 8.4.2 Simulation Result 8.5 Conclusion References for Chapter 8 Chapter 9 Are Export Tax Rebate Adjustments Effective In ChIna? 9.1 Introduction 9.2 Static Game Model Analysis 9.3 Data Analysis 9.4 Empirical Analysis 9.5 Conclusion References for Chapter 9