TITLE:
Basic Public Services, Population Migration and Regional Economic Growth
AUTHORS:
Shuying Zhai
KEYWORDS:
Basic Public Services, Population Migration, Economic Growth
JOURNAL NAME:
Modern Economy,
Vol.11 No.4,
April
8,
2020
ABSTRACT: The innovation of this paper is to propose a new
impact path that by attracting migrant population, basic public services can
stimulate national economic growth significantly. Based on the “cost-benefit”
theory, this paper takes basic public services into the population migration
decision-making model, then builds an endogenous economic growth model by using
population immigration as an increase of human capital. Theoretical analysis
finds that basic public services can attract people to move in positively and
promote regional economic growth indirectly. Based on the above conclusions,
this paper presents that, we should increase fiscal transfer payments in
backward areas, develop and improve the equalization system of basic public
services while adapting to local conditions. And some related policies and
statutes need to be published by government at the same time, such as policies
of talent attraction and investment promotion policies to promote orderly
population flow and balance the distribution of population, to make sure
regional economy develops healthily.