ECONOMIC EVALUATION OF FARM VILLEGE REVITALIZATION WITH VALUE OF PUBLIC FUNCTION

Abstract

 Farm villages in rural area have declined seriously, and value of puclic functions is afraid of decreasing which possess the farm villages. In this paper, it discusse that we will generate benefits to farm villages through the revtalization policy of farm villages, and increase the value of public functions. At first, we build the Spatial Compuble General Equilibrium (SCGE) model consist of rural and urban areas, and we evaluate the effect of three revitalization policies, which are transport projects, labor policy and subsidy policy. From the results of numerical analysis, it explicate that labor policy will generate much benefits of farm village revilization, the benefits of public functions by transport projects will be about 3 % and subsidy policy will chage negative benefit to positive benefit by considering the value of public function.