The Analysis of Influential Factors of Residents' Consumption based on Panel Data Model

Chun-lei HAN, Kong-lai ZHU, Jin-rui WANG

Abstract


Investment, consumption and exports are regarded as the 'three carriages' to enhance the economic growth in which consumption is of great importance. The influencing factors of consuming were analysed with the applications of EVIEWS6.0 and panel data model. In the analysis, the level of consumption was treated as the dependent variable and per capita income and the price level as independent variables. The data such as the per capita income, the level of consumption and the price level were extracted from the Chinese Statistical Yearbook published by Chinese National Statistical Bureau. After the analysis, the results were compared among the eastern, central and western part of China. Finally, the corresponding policies to improve the level of consumption were brought up. Key words: panel data model; residents' consumption; average income; price index

Full Text:

PDF


DOI: http://dx.doi.org/10.3968%2Fj.ibm.1923842820100101.009

Refbacks

  • There are currently no refbacks.


Reminder

If you have already registered in Journal A and plan to submit article(s) to Journal B, please click the CATEGORIES, or JOURNALS A-Z on the right side of the "HOME".


We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc@hotmail.com; ibm@cscanada.net; ibm@cscanada.org

Copyright © 2010 Canadian Research & Development Centre of Sciences and Cultures
Address: 758, 77e AV, Laval, Quebec, H7V 4A8, Canada

Telephone: 1-514-558 6138
Http://www.cscanada.net
Http://www.cscanada.org
E-mail:caooc@hotmail.com