河南省城镇居民收入和消费的协整分析

Co-Integration Analysis on the Income and Consumption of Urban Residents in Henan

采用河南省1992—2006年的数据,运用协整理论和误差修正模型,对城镇居民的收入和消费之间的关系进行实证研究.结果表明,城镇居民收入与消费之间存在长期稳定的均衡关系,同时在协整分析的基础上建立了误差修整模型,说明了误差修整系数对偏离长期均衡的调整力度.

By using the co-integration theory and error correction model, the paper analyzes the relationship between income and consumption of the urban residents from 1992 to 2006 in Henan Province. The result shows that the income and consumption of urban residents have long-term equilibrium relation ,and on this basis an error correction model is set up. The adjusting ability of its error correction coefficient to departure from long-term equilibrium is explained.