中国消费函数模型的实证研究及讨论

China consumption function model and empirical study

采用计量经济学线性回归的计量方法,以凯恩斯的绝对收入假说、莫迪利安尼生命周期假说等为理论依据,分析了家庭平均可支配收入、当期收入、持久收入等因素对我国城市居民、农村居民消费的影响.结果表明,中国城市居民的当期消费主要由其当期收入决定,而农村居民的当期消费由它的当期收入和个人资产决定.

With Keynes＇ Absolute Income Hypothesis and Modigliani＇ s Life-Cycle Hypothesis as the theoretical basis and the linear regression of the Econometrics as the measurement methods, the paper analyses the impact of the average household disposable income, current income and durable income on the consumption of Chinese urban and rural residents. The results indicate that current income has an effect on urban residents＇ current consumption while current income and personal assets decide rural residents＇ current consumption