The Impact of Basic Public Service Expenditure on Income Level in Tibet

Haichao Wu ()
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Haichao Wu: Tibet University, College of Finance and Economics

A chapter in Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022), 2023, pp 351-356 from Springer

Abstract: ABSTRACT Using data from 1998 to 2021 in Tibet, this paper establishes an econometric model to empirically test the impact of basic public service expenditure on the average income level in Tibet, and divides the expenditure into five categories. To study the impact of expenditures on education, science and technology, culture, social security and health on income levels in Tibet, as well as in manufacturing and science and technology industries. The study found that: (1) Local governments'increasing investment in basic public services can significantly increase the income level in Tibet, and this growth effect is more obvious in the manufacturing industry. (2) Educational expenditure and scientific and technological expenditure have a more significant effect on the growth of income level in Tibet; And spending on science and technology needs to accumulate over a longer period of time to increase income levels. (3) Income growth of the science and technology industry has a positive promoting effect on itself, forming a benign cycle. The higher the industry income, the more able to attract the flow of talents, thus accelerating the development of the science and technology industry.

Keywords: Expenditure on basic public services; Income level; Educational expenditure; Technology expenditure (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-194-4_49

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DOI: 10.2991/978-94-6463-194-4_49

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