Employment Effectiveness of China's Economic Stimulus Package 被引量：16

Employment Effectiveness of China's Economic Stimulus Package

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摘要 Using an input--output method, this paper simulates the impacts of the global financial crisis and the decline of exports on China＇s economy and employment. With shrinking external demand, boosting domestic demand becomes crucial for maintaining economic growth and promoting employment. Our simulated results indicate that an investment scenario with employment as a priority can achieve the objective of employment maximization without significantly reducing growth. Public investment should focus on employment, education, health, housing and social security to rebalance China＇s economy so that it can realize sustained and stable economic growth. Using an input--output method, this paper simulates the impacts of the global financial crisis and the decline of exports on China＇s economy and employment. With shrinking external demand, boosting domestic demand becomes crucial for maintaining economic growth and promoting employment. Our simulated results indicate that an investment scenario with employment as a priority can achieve the objective of employment maximization without significantly reducing growth. Public investment should focus on employment, education, health, housing and social security to rebalance China＇s economy so that it can realize sustained and stable economic growth.

作者 Fang Cai Dewen Wang Huaehu Zhang

机构地区 Institute of Population and Labor Economics College of Economics and Management

出处《China & World Economy》 SCIE 2010年第1期33-46,共14页 中国与世界经济（英文版）

关键词 economic stimulus package employment shock global financial crisis input- output method economic stimulus package, employment shock,global financial crisis, input- output method

分类号 F124 [经济管理—世界经济] F249.214 [经济管理—劳动经济]

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