| 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... |
