摘要
本文检验了我国人均消费支出与住宅财富之间的关系。以2001—2004年34个城市为样本,使用面板误差纠正模型估计住宅财富的边际消费倾向,结果表明边际消费倾向为-0.033,并从消费者信贷约束和预防性储蓄角度进行了简要解释。
This paper examines the link between private consumption and housing wealth in China. It takes 34 cities during 2001-2004 as sample, and evaluates the marginal propensity to consume out of housing wealth by Panel-corrected model. The MPC is -0.033,and briefly explain it according to consumer Credit Constraints and Precautionary Saving.
出处
《南开经济研究》
CSSCI
北大核心
2007年第1期36-44,共9页
Nankai Economic Studies
