This paper analyzes the impact of income distribution gap on consumption demand from a theoretical view,and draws the conclusion that there is an inverse relationship between income distribution gap and consumption de...This paper analyzes the impact of income distribution gap on consumption demand from a theoretical view,and draws the conclusion that there is an inverse relationship between income distribution gap and consumption demand.Then,the paper finds that the existing widening income distribution gap in China has a negative impact on consumption demand,but this is not the key factor for the insufficient consumption demand because of the low level of per capital income.At last,it suggests that governments should improve the income level of entire residents and adjust income distribution structure simultaneously.展开更多
This paper studies the relationship between the widening urban-rural income inequality and weak household consumption demand in China. The theoretic model shows that households with higher income have lower average an...This paper studies the relationship between the widening urban-rural income inequality and weak household consumption demand in China. The theoretic model shows that households with higher income have lower average and marginal propensity to consume （APC and MPC）, and that the larger the income gap is, the weaker household consumption demand becomes. This paper tests the theoretical model with the panel data of 28 Chinese provinces, municipalities and autonomous regions from 1978 to 2009. The results show that with an increase of RMBIO, O00 in income, household APC drops by 25.6 percent and MPC by 7.0 percent,＂ and that if the income gap widens by one unit, household consumption rate drops by 6. 5 percentage points. Simulation results reveal that the widening urban-rural income inequality caused an extra drop of 3.42 percentage points in household consumption rate from 2000 to 2008, which accounts for 30.8 percent of the total drop in household consumption rate during that period.展开更多
文摘This paper analyzes the impact of income distribution gap on consumption demand from a theoretical view,and draws the conclusion that there is an inverse relationship between income distribution gap and consumption demand.Then,the paper finds that the existing widening income distribution gap in China has a negative impact on consumption demand,but this is not the key factor for the insufficient consumption demand because of the low level of per capital income.At last,it suggests that governments should improve the income level of entire residents and adjust income distribution structure simultaneously.
基金The author appreciate the financial support from the Program of National Natural Science Foundation of China （No. 71003112, 71273289）.
文摘This paper studies the relationship between the widening urban-rural income inequality and weak household consumption demand in China. The theoretic model shows that households with higher income have lower average and marginal propensity to consume （APC and MPC）, and that the larger the income gap is, the weaker household consumption demand becomes. This paper tests the theoretical model with the panel data of 28 Chinese provinces, municipalities and autonomous regions from 1978 to 2009. The results show that with an increase of RMBIO, O00 in income, household APC drops by 25.6 percent and MPC by 7.0 percent,＂ and that if the income gap widens by one unit, household consumption rate drops by 6. 5 percentage points. Simulation results reveal that the widening urban-rural income inequality caused an extra drop of 3.42 percentage points in household consumption rate from 2000 to 2008, which accounts for 30.8 percent of the total drop in household consumption rate during that period.
