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- W2358635887 abstract "The impact of the land finance on consumer spending has been researched by adapting investment portfolio model,and it has been tested by panel data of 267 prefecture-level cities from 2004 to 2010.It is found that land finance restrain consumption expenditure by increasing housing price and reducing the residents' actual revenue.And gratually,residents increase the proportion of housing expenditure in family total spending.Although real estate has weak wealth effect,the increase of housing area promotes consumption expenditure.Moreover,the increase of credit interest and public service standard are good for promoting consumption expenditure.Therefore,to stimulate consumption,local government should limit land finance and adopt the measures to increase the wealth effect of real estate." @default.
- W2358635887 created "2016-06-24" @default.
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- W2358635887 date "2013-01-01" @default.
- W2358635887 modified "2023-09-23" @default.
- W2358635887 title "The Research on Influences of Land Fiscal on Consumer Spending-Empirical Evidence from Prefecture—Level Cities in China" @default.
- W2358635887 hasPublicationYear "2013" @default.
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