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Comparison among the Consumption Structures of Different Income Groups of Urban Residents in Guangxi Based on ELES Model AgEcon
Han, Zhi-cheng; Li, Xiao-xiang; Li, Zhi-xian.
According to the household consumption data of urban residents in Guangxi Statistical Yearbook in the year 2009, the ELES (Extended Linear Expenditure System) is used to analyze the consumption structure, the propensity to consume, and the consumer flexibility of urban residents in Guangxi Zhuang Autonomous Region of China in the year 2008. Result shows that urban residents in Guangxi has relatively low propensity to consume. And their consumption, especially the middle and low-income families, is mostly concentrated in food, cloth, lodging and other basic necessities of life, which account for more than a half of their income. Based on this, corresponding suggestions are put forward to enlarge the consumption demand of urban residents in Guangxi, such as...
Tipo: Journal Article Palavras-chave: Consumption structure; ELES Model; Propensity to consume; Flexibility; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/108404
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The Empirical Analysis of Difference of Urban-rural Residents’ Marginal Propensity to Consume AgEcon
Meng, Jing; Hou, Ju-kai.
According to the data concerning consumption and income in 55 Years of Statistics Chronicle of New China, China Statistical Yearbook, by using econometric model, this paper expounds the reason of shortage of residents’ consumption demand in China and tests the difference of marginal propensity to consume of China’s urban-rural residents. The results show that the urban residents’ marginal propensity to consume is greater than rural residents’ marginal propensity to consume in China, but the urban residents’ marginal propensity to consume tends to decline, while the rural residents’ marginal propensity to consume tends to rise. In terms of urban-rural income structure, consumption structure and consumption of consumer durables, this paper analyzes the...
Tipo: Journal Article Palavras-chave: Marginal Propensity to Consume; Consumption demand; Consumption structure; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/113490
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Research on Consumption Structure of Rural Residents in Gansu Province Based on ELES Model AgEcon
Li, Ting-ting; Shi, Chang-liang; Zhang, An-liang.
By using cross-section data on consumption structure of rural residents in Gansu Province in 2007 and 2008, this paper adopts ELES model to conduct empirical analysis on consumption structure of rural residents in Gansu Province It indicates that in the current consumption structure of rural residents in Gansu Province, food expenditure is still at the most important and basic level; me overall consumption level of rural residents in Gansu Province is not high; at present, the consumption of rural residents in Gansu Province still hinges in a large measure on income, vulnerable to the price fluctuation. Consequently, increasing farmers' income and stabilizing the level of commodity price, turns out to be a foundation as well as an important approach to...
Tipo: Article Palavras-chave: ELES model; Consumption structure; Rural residents; Gansu Province; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/121741
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