WEKO3
アイテム
Consumption, Income Distribution, and State Ownership in the People's Republic of China
https://doi.org/10.24545/00001039
https://doi.org/10.24545/000010398e9410ec-3cd6-4c29-b37a-a93bf483ed44
名前 / ファイル | ライセンス | アクション |
---|---|---|
![]() |
|
Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||
---|---|---|---|---|---|---|---|---|
公開日 | 2010-10-01 | |||||||
タイトル | ||||||||
タイトル | Consumption, Income Distribution, and State Ownership in the People's Republic of China | |||||||
言語 | en | |||||||
言語 | ||||||||
言語 | eng | |||||||
キーワード | ||||||||
主題Scheme | Other | |||||||
主題 | China | |||||||
キーワード | ||||||||
主題Scheme | Other | |||||||
主題 | Saving | |||||||
キーワード | ||||||||
主題Scheme | Other | |||||||
主題 | Income Disparity | |||||||
キーワード | ||||||||
主題Scheme | Other | |||||||
主題 | State Ownership | |||||||
資源タイプ | ||||||||
資源タイプ | technical report | |||||||
ID登録 | ||||||||
ID登録 (DOI) | 10.24545/00001039 | |||||||
ID登録タイプ | JaLC | |||||||
著者 |
XING, Yuqing
× XING, Yuqing
|
|||||||
著者所属 | ||||||||
値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||
分野 | ||||||||
内容記述タイプ | Other | |||||||
内容記述 | 経済学 / Economics | |||||||
抄録 | ||||||||
内容記述タイプ | Abstract | |||||||
内容記述 | It is income rather than the peculiar saving behavior of Chinese households that constrains consumption in the People’s Republic of China. The low share of consumption in gross domestic product (GDP) is consistent with the reduced share of GDP of wage earnings—a major source of household income. Corporate savings, which accounted for 23% of national income in 2007, contributed most to the significant increase in the gross national saving rate. The surging corporate savings was mainly due to the bias of income distribution toward capital. The profits of state-owned enterprises (SOEs) made with monopolistic power and government support comprises a substantial part of corporate savings. A series of enterprise reforms have made SOEs leaner and bigger, and transformed a handful central SOEs into monopolies in highly profitable industries. Retained profits by SOEs only benefit managers and employees in these firms, not the general public who are their true owners. The empirical analysis indicates that high levels of compensation by SOEs contributed to rising inter- industry income disparity. To boost domestic demand, it is essential that the government address the bias in distribution between SOEs and households. Collecting dividends from SOEs to fund social welfare systems or direct income transfers to low-income families will reduce the gross national saving rate, boost consumption, and more importantly, mitigate social inequality. | |||||||
発行年 | ||||||||
値 | 2010-10 | |||||||
書誌情報 |
en : GRIPS Discussion Papers Report No. DP10-18, 発行日 2010-10-01 |
|||||||
出版者 | ||||||||
出版者 | GRIPS Policy Research Center | |||||||
言語 | en | |||||||
関連サイト | ||||||||
関連タイプ | isIdenticalTo | |||||||
識別子タイプ | URI | |||||||
関連識別子 | https://ideas.repec.org/p/ngi/dpaper/10-18.html | |||||||
関連名称 | https://ideas.repec.org/p/ngi/dpaper/10-18.html | |||||||
著者情報 | ||||||||
内容記述タイプ | Other | |||||||
内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/ | |||||||
著者版フラグ | ||||||||
出版タイプ | AM | |||||||
出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa |