Title: An Empirical Analylsis on the Influence of Income Gap on Urban and Rural Inhabitants Consumption in China
Abstract:China's economy has maintained rapid growth,however,the ecomomic growth is accompanied by the increasing income gap and decreasing consumption,which will have an impact on economic growth.Base on Keyn...China's economy has maintained rapid growth,however,the ecomomic growth is accompanied by the increasing income gap and decreasing consumption,which will have an impact on economic growth.Base on Keynes absolute income hypotheses and Frideman permanent income hypotheses,we give an empirical study on the ralationships between income and consumption with the data of urban and rural in china.With widen income gap in urban and rural areas,we conclude the different influences that increasing income gap decreases consumption expenditure in urban,and low income level influences consumption in rural.Read More
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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