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Government Investment and High-Quality Economic Development — Measurement and Analysis Based on Input-Output Method

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Abstract

Analysis of how government investment promotes economic development and employment is important for improving government’s decision-making and promoting high-quality economic development in western China. In this paper, the authors take Xinjiang as an example to conduct such an analysis. Firstly, based on the competitive input-output table of Xinjiang, the non-competitive input-output tables of 2007, 2012 and 2015 are compiled in this paper. Secondly, the contribution of Xinjiang government investment, especially the major government investment projects, to the value-added of Xinjiang, other provinces and cities in China and abroad are calculated. Thirdly, this paper uses the non-competitive input-output table to compile the sectoral employment vector, and uses the input-occupancy-output technique to measure how government investment promotes employment. The results show that Xinjiang government investment contributes the most to the value-added of Xinjiang and other provinces and cities, but less to foreign countries; the government investment create the most job opportunities in projects including transportation projects and livelihood projects etc.

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Correspondence to Kailan Tian.

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This research was supported in part by by the National Natural Science Foundation of China under Grant Nos. 71903186 and 71988101, and in part by the Major Program of National Fund of Philosophy and Social Science of China under Grant No. 19ZDA062.

This paper was recommended for publication by Editor ZHANG Xinyu.

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Yang, X., Tian, K., Zhu, L. et al. Government Investment and High-Quality Economic Development — Measurement and Analysis Based on Input-Output Method. J Syst Sci Complex 35, 993–1008 (2022). https://doi.org/10.1007/s11424-022-0268-8

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  • DOI: https://doi.org/10.1007/s11424-022-0268-8

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