Research on the relationship between disposable income and real consumption expenditure

DOI

10.2991/emehss-17.2017.40How to use a DOI?

Keywords

Disposable Income, Actual Consumption Spending, Co-Integration Theory, Error Correction Mode

Abstract

Based on data from 1979 to 2013 in China, we calculate disposable income (Dinc) and actual consumption spending (ACS). Then, we build Dinc and ACS counteraction theory and error correction model by time series analysis. After further testing, we conclude disposable income is the Granger cause of actual consumption spending, but actual consumption spending is not the Granger cause of disposable income.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xueqin Wang
AU  - Yuyao He
AU  - Meng Yang
PY  - 2017/04
DA  - 2017/04
TI  - Research on the relationship between disposable income and real consumption expenditure
BT  - Proceedings of the 2017 International Conference on Economics and Management, Education, Humanities and Social Sciences (EMEHSS 2017)
PB  - Atlantis Press
SP  - 172
EP  - 176
SN  - 2352-5398
UR  - https://doi.org/10.2991/emehss-17.2017.40
DO  - 10.2991/emehss-17.2017.40
ID  - Wang2017/04
ER  -