Quantitative Study on Urban Residents’ Consumption in Gansu Province
|School||Northwest Normal University|
|Keywords||Urban residents Consumption levels Consumption structure Consumption Function Error correction model Extended linear expenditure system|
This paper mainly come from two aspects of the consumption level and consumption structure and quantitative study of the consumer behavior of urban residents in Gansu Province , the article describes the first major research on the general theory of the consumer and consumer issues , an overview of current consumption of urban residents in Gansu Province on this basis , through empirical analysis systems to study the consumption level and consumption structure of urban residents in Gansu Province , and put forward the corresponding countermeasures and suggestions . In the level of consumption , the article first established urban residents in Gansu Province, the traditional model of the consumption function , and a more comprehensive study by analyzing and comparing the model ; error correction model (ECM) is the latest development of the consumption function , is to overcome the \regression effective tools , papers on the basis of the study of the traditional consumption function consumption of urban residents in Gansu Province, a function of the ECM elaborated long-term and short-term factors that affect consumer demand changes to the system from the point of view of the error correction mechanism . Consumption structure , the use of cross-sectional data , grouped by income level ELES model based on the theory of extended linear expenditure system (ELES) model , the consumption of eight categories of expenditure of urban residents in Gansu Province , and the use of flexible the theoretical analysis of a number of characteristics of the residents ' consumption structure , focusing on basic consumption needs , income and consumption , flexibility and price consumption elasticity . On the basis of the above study , the authors put forward suggestions to open up the the Gansu Province consumer market , expanding consumer demand of urban residents .