An analysis on causes of decline of China's final consumption rate since 1978
東亞経濟研究 Volume 69 Issue 1
Page 95-108
published_at 2010-08-31
Title
An analysis on causes of decline of China's final consumption rate since 1978
Creators
Xu Guangjian
Creators
Dai Liyuan
Creators
Zhong Jipeng
Source Identifiers
Creator Keywords
China's consumption rate
propensity of consumption
distribution structure of national income
reform of housing system
Along with the rapid economic growth and reform since 1978, there has been a remarkable trend in China, i.e. the steady decline of the share of final consumption expenditure in GDP that has made China be one of economies with lower ratio of consumption in the world for a long period. This phenomenon has become one of hot issues among the economists in China in recent years. It is also very important for policy implication given the key role of consumption in the growth. This paper is mainly used to analyze the reasons why China's final consumption rate was declined. We found that there are four reasons to explain why China's final consumption rate was declined: decrease of propensity of consumption
Languages
eng
Resource Type
departmental bulletin paper
Publishers
山口大学東亜経済学会
Date Issued
2010-08-31
File Version
Version of Record
Access Rights
open access
Relations
[ISSN]0911-6303
[NCID]AN00155911