NDLI: Empirical Study of China's Rural Consumption Function from the Perspective of Balancing Urban and Rural Development

Content Provider	AgEcon Search
Author	Wang, Jian-hui
Abstract	From the perspective of balancing urban and rural development, this article researches the factors influencing the consumption level of rural residents in China. I select the relevant data concerning per capita net income of rural households and annual per capita consumer spending of rural residents for living in the period 1985-2008, establish the regression model of per capita net income of rural households and per capita consumer spending of rural residents for living, and conduct regression analysis and error correction model test using the measurement software. The analysis results show that there is not only long-term equilibrium relationship between rural residents' current consumption and rural residents' current income, between rural residents' consumption in lag period 1 and rural residents' income in lag period 1, but also short-term equilibrium relationship; current income is the main reason for determining the current consumption). Corresponding proposals are put forward to promote the level of rural consumption in China as follows: propel agricultural modernization; actively develop specialized cooperative organizations of rural residents; improve rural land transfer mechanism; promote the level of public services in rural areas; accelerate the transfer of rural surplus labor.
Related Links	https://ageconsearch.umn.edu/record/136470/files/1.PDF
Ending Page	6
Page Count	3
Starting Page	1
File Format	PDF
ISSN	19439903
DOI	10.22004/ag.econ.136470
Journal	Asian Agricultural Research
Issue Number	03
Volume Number	04
Language	English
Publisher	USA-China Science and Culture Media Corporation
Publisher Date	2012-01-01
Access Restriction	Open
Subject Keyword	Applied Economics Agricultural Economics Agri-economic Open Access Database Research in Applied Economics Research in Agricultural Economics Higher Study On Agricultural Economics Higher Study On Applied Economics Agricultural Research Documents Agrarian Economy & Research Higher Study Agri-economics Research in Economics Agri-economic Open Access Repository Statistics in Agricultural Economics Balancing Urban and Rural Development Consumption Function Model Current Income Increase in Rural Residents' Income Agribusiness
Content Type	Text
Resource Type	Article
Subject	Economics, Econometrics and Finance

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