公共财政学 Public Finance - National Transfer Accounts.PPT

2005-2-22 Tue 公共财政学 第一章 导言 National Transfer Account China Description Rural NTA -- Only rural individual survey data now Household survey from the Department of Agriculture Annually statistic data: Statistic Yearbook, and other special yearbook Population census data (aggregate) Has to combine the individual and household data Has not cleaned it well. Should be more careful Household expenditure/income data Can not reach some results required Some results The great curve NTA Table Lifecycle Deficit 1.2.1 earnings Income from labor working for a factory or government 1.2.2 benefits no benefit data in this survey 1.2.3 self-employment labor income Farmers are regarded as self-employment and 2/3 of their income is calculated as labor earnings Lifecycle Deficit About the wage The young have more labor earning because many young rural people work outside the village, which is an important reason of “China Price”. Something may be wrong with the older group. Use estimation to deal with the wage because have no individual wage Using average of wage in an family will got another result. Lifecycle Deficit 1.1.1?????? Public consumption Use the structure of Government Budgetary Expenditure to estimate the government consumption expenditure (in the national account) 1.1.1.1 Education Distribute the total education expenditure by the budgetary expenditure of school at different level. Estimate the student number at different level by age ( using the enrollment at different level by age from the census data) 1.1.1.2 Health Per capita (because it is public health expenditure) 1.1.1.3 Others Per public? Asset Reallocation 2.2 Private Asset Reallocations 2.2.1.1 Private capital inflow Inflow: income from the capital and borrow from the bank Banks lend most money for production in rural China Asset Reallocation 2.2.1.2 Private capital onflow Onflow: operational investment, bond and saving, interest payed B