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- W2374041519 abstract "Based on the consumption data of 30 provinces,municipalities as well as autonomous regions in China,this paper quantitatively analyzed the marginal propensity to consume(MPC) of total and different incomes of urban and rural residents with system-GMM.Then long term trend was investigated.Incomes from different sources can't be alternative while making consumption decisions.The conclusions are shown as follows:(1)MPC is low for rural residents,especially the MPC of productive income;(2) obvious differences exist in the MPC of different incomes of urban and rural residents;(3) the habit of consumption shows much more persistence for rural residents;(4) in the long term,the MPC of both urban and rural residents have an upward tendency;(5) in order to expand consumer demand,transfer income and property income should be increased for rural residents in the short run,while wage income and operating income for urban and rural residents should be raised in long run." @default.
- W2374041519 created "2016-06-24" @default.
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- W2374041519 date "2011-01-01" @default.
- W2374041519 modified "2023-09-23" @default.
- W2374041519 title "Marginal Propensity to Consume and Tendency of Different Incomes of Urban and Rural Residents" @default.
- W2374041519 hasPublicationYear "2011" @default.
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