Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/137182
Title: SPATIAL PATTERN OF URBANIZATION AND WELFARE IN CHINA
Authors: ZHANG LIANG
Keywords: urbanization, urban accounting, counterfactual exercise, welfare, spatial pattern
Issue Date: 8-Aug-2016
Citation: ZHANG LIANG (2016-08-08). SPATIAL PATTERN OF URBANIZATION AND WELFARE IN CHINA. ScholarBank@NUS Repository.
Abstract: I correct an error in Desmet and Rossi-Hansberg (2013)’s urban accounting model, which would make their results inconsistent and unreliable. By analyzing the model numerically, I find how the standard deviation of each city characteristic and the coefficient between them affect the welfare gains when giving shocks. Then I discuss China urban data and employ the corrected urban accounting model to evaluate the welfare performance of Chinese urbanization in 2000 and 2010. There are welfare gains when equalizing efficiency, amenities and excessive frictions, and compared to the results in Desmet and Rossi-Hansberg (2013), the welfare gains are much smaller. Furthermore, I extend the analysis to account for migrants’ family members left in their hometown and find the welfare effects to be smaller. Lastly, I estimate the change of three city characteristics and find that the urban development of China between 2000 and 2010 is efficient.
URI: http://scholarbank.nus.edu.sg/handle/10635/137182
Appears in Collections:Ph.D Theses (Open)

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