The panel dataset which covered the socio-economic data of 31 provinces （municipalities and autonomous region） in China from 2000-2007 was used to do empirical analysis on the effect of abolishing agricultural taxes...The panel dataset which covered the socio-economic data of 31 provinces （municipalities and autonomous region） in China from 2000-2007 was used to do empirical analysis on the effect of abolishing agricultural taxes on farmers＇ income by referring to the fixed effect estimation method. It found that the abolition of agricultural taxes increased farmer＇s net income per capita by 2%. Combining with the results of empirical analysis, related policy suggestions were put forward to increase farmers＇ income.展开更多
This paper examines the effect of Chinese agricultural tax reform on local fiscal revenues as well as farmers＇ income. Fixed effects results show that a tax rate reduction from 15.3 to 8.4 % in the first 5 years of t...This paper examines the effect of Chinese agricultural tax reform on local fiscal revenues as well as farmers＇ income. Fixed effects results show that a tax rate reduction from 15.3 to 8.4 % in the first 5 years of the reform did not lead to a corresponding decrease in local fiscal revenues. At the same time, farmers＇ income slightly decreased. In the second 5 years of the reform, the tax rate was reduced to zero. This time, local fiscal revenues decreased linearly with the tax cuts, and farmers＇ income increased by 17.8 %. The link between the actual fiscal revenue reduction and farmers＇ income suggests that merely changing the nominal level of taxation does not necessarily increase farmers＇ income. Rather, the complete implementation of the reform relates crucially to curbing local governments＇ unauthorized extractions.展开更多
This study elaborates on the differences between resident disposable income in the flow of fimds table and in the household survey; between household consumption in expenditure- based GDP and in the household survey; ...This study elaborates on the differences between resident disposable income in the flow of fimds table and in the household survey; between household consumption in expenditure- based GDP and in the household survey; and between gross fixed capital formation in expenditure-based GDP and total fixed asset investment in the whole country as shown in investment statistics, from the point of view of their basic concepts and purposes, scope of specifications, data sources, calculation methods and data presentation. We show that the household survey somewhat underestimates household income and consumption, while investment statistics somewhat overestimate total investment in fixed assets. This does not, however, directly affect the accurate understanding of such major economic structures as the structure of the distribution of Chinese nationals＇ disposable income among households, enterprises and government, the structure of final demand, etc.展开更多
文摘The panel dataset which covered the socio-economic data of 31 provinces （municipalities and autonomous region） in China from 2000-2007 was used to do empirical analysis on the effect of abolishing agricultural taxes on farmers＇ income by referring to the fixed effect estimation method. It found that the abolition of agricultural taxes increased farmer＇s net income per capita by 2%. Combining with the results of empirical analysis, related policy suggestions were put forward to increase farmers＇ income.
文摘This paper examines the effect of Chinese agricultural tax reform on local fiscal revenues as well as farmers＇ income. Fixed effects results show that a tax rate reduction from 15.3 to 8.4 % in the first 5 years of the reform did not lead to a corresponding decrease in local fiscal revenues. At the same time, farmers＇ income slightly decreased. In the second 5 years of the reform, the tax rate was reduced to zero. This time, local fiscal revenues decreased linearly with the tax cuts, and farmers＇ income increased by 17.8 %. The link between the actual fiscal revenue reduction and farmers＇ income suggests that merely changing the nominal level of taxation does not necessarily increase farmers＇ income. Rather, the complete implementation of the reform relates crucially to curbing local governments＇ unauthorized extractions.
文摘This study elaborates on the differences between resident disposable income in the flow of fimds table and in the household survey; between household consumption in expenditure- based GDP and in the household survey; and between gross fixed capital formation in expenditure-based GDP and total fixed asset investment in the whole country as shown in investment statistics, from the point of view of their basic concepts and purposes, scope of specifications, data sources, calculation methods and data presentation. We show that the household survey somewhat underestimates household income and consumption, while investment statistics somewhat overestimate total investment in fixed assets. This does not, however, directly affect the accurate understanding of such major economic structures as the structure of the distribution of Chinese nationals＇ disposable income among households, enterprises and government, the structure of final demand, etc.
