Explaining China's low consumption : the neglected role of household income /
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| Author / Creator: | Aziz, Jahangir, author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., ©2007. |
| Description: | 1 online resource (36 pages) : illustrations. |
| Language: | English |
| Series: | IMF working paper ; WP/07/181 IMF working paper ; WP/07/181. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496053 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 no.07/181 | |
| 100 | 1 | |a Aziz, Jahangir, |e author. |0 http://id.loc.gov/authorities/names/no95053208 | |
| 245 | 1 | 0 | |a Explaining China's low consumption : |b the neglected role of household income / |c prepared by Jahangir Aziz and Li Cui. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, Asia and Pacific Dept., |c ©2007. | ||
| 300 | |a 1 online resource (36 pages) : |b illustrations. | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/07/181 | |
| 504 | |a Includes bibliographical references (pages 31-32). | ||
| 520 | 3 | |a The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and declining due to high and rising saving rate of Chinese households as uncertainty over provision of pensions, and health care and education costs have increased since the mid-1990s. This paper finds that the rise in saving rate has been a minor factor. Much larger has been the role of the declining share of household income in national income, which has occurred across-the-board in wages, investment income, and government transfers. The paper finds that financial sector weaknesses, by restricting firms' access to bank financing for working capital, have played quantitatively a major role in keeping wage and investment income shares low and on a declining trend. 5. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [S.l.] : |c HathiTrust Digital Library, |d 2010. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2010 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 588 | 0 | |a Print version record. | |
| 650 | 0 | |a Consumption (Economics) |z China |x Econometric models. | |
| 650 | 0 | |a Economic development |z China |x Econometric models. | |
| 650 | 0 | |a Income |z China |x Econometric models. | |
| 650 | 0 | |a Wealth |z China |x Econometric models. | |
| 650 | 7 | |a Consumption (Economics) |x Econometric models. |2 fast |0 (OCoLC)fst00876457 | |
| 650 | 7 | |a Economic development |x Econometric models. |2 fast |0 (OCoLC)fst00901797 | |
| 650 | 7 | |a Income |x Econometric models. |2 fast |0 (OCoLC)fst00968638 | |
| 650 | 7 | |a Wealth |x Econometric models. |2 fast |0 (OCoLC)fst01172976 | |
| 651 | 7 | |a China. |2 fast |0 (OCoLC)fst01206073 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Cui, Li, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b Asia and Pacific Department. |0 http://id.loc.gov/authorities/names/no97006778 | |
| 776 | 0 | 8 | |i Print version: |a Aziz, Jahangir. |t Explaining China's low consumption. |d [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., ©2007 |w (OCoLC)228647402 |
| 830 | 0 | |a IMF working paper ; |v WP/07/181. |0 http://id.loc.gov/authorities/names/no89010263 | |
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| 928 | |t Library of Congress classification |a HG3881.5.I58 W67 no.07/181 |l Online |c UC-FullText |u http://elibrary.imf.org/view/IMF001/08479-9781451867459/08479-9781451867459/08479-9781451867459.xml |z International Monetary Fund |g ebooks |i 12140073 | ||