河南省农村居民人均消费与收入的协整分析

The Co-integration Analysis on Income and Consumption of Rural Residents in Henan

选取1978～2008年河南省农村居民人均收入和消费的数据，运用协整理论对二者关系进行了实证分析，结果表明，农村居民的收入与消费之间存在协整关系，在此基础上建立了误差修正模型，该模型不仅描述了收入与消费的长期均衡关系，而且也描述了收入与消费的短期波动调整关系。

Using the data of Henan Province from 1978 to 2008, an empirical analysis on the relationship between incmne and consumption of rural residents was done. The results shows that there is co-integration relation between them. On the basis an error correction model was set up. The model not only explain the long-term equilibrium but also describe the short fluctuating of income and consumption.