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Chen, Hui-min. |
Based on literature review, according to relevant consumption data in Hunan Statistical Yearbook and China Statistical Yearbook during 1978-2009, the thesis selects three indexes involving the average income per rural resident, per capita living expenses of rural residents and per capita savings to conduct the unit root and co-integration test on the consumption and net income per rural residents in Hunan Province by adopting the generalized difference method and EVIEWS6.0, then according to the Modigliani Hypothesis of Consumption, Duesenberry Hypothesis of Consumption and Keynes Absolute Income Hypothesis, the thesis makes a fitting of Hunan consumption function model, aiming to find out the consumption function model suitable to Hunan Province. The... |
Tipo: Journal Article |
Palavras-chave: Rural residents; Consumption function; Marginal propensity of consumption; Hunan Province; China; Agribusiness. |
Ano: 2010 |
URL: http://purl.umn.edu/96067 |
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Chen, Hui-min. |
By using error correction model, I conduct co-integration analysis on the research of the relationship between the per capita practical consumption and per capita practical disposable income of urban residents in Hunan Province from 1978 to 2009. The results show that there is a co-integration relationship between the per capita practical consumption and the practical per capita disposable income of urban residents, and based on these, the corresponding error correction model is established. Finally, corresponding countermeasures and suggestions are put forward as follows: broaden the income channel of urban residents; create goods consuming environment; perfect socialist security system. |
Tipo: Journal Article |
Palavras-chave: Residential income; Co-integration; Error correction model; China; Agribusiness. |
Ano: 2011 |
URL: http://purl.umn.edu/108408 |
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