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首页> 外文会议>Future Information Technology and Management Engineering, 2009. FITME '09 >The Impact of Income Inequality on Consumption Demand of Urban Residents in Zhejiang Province
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The Impact of Income Inequality on Consumption Demand of Urban Residents in Zhejiang Province

机译：收入不平等对浙江省城镇居民消费需求的影响

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摘要

In the context of global economic recession, China''s exports show a sharp decline, so itȁ9;s being highly concerned that how to expand domestic consumption demand and maintain steady economic growth. Among the influencing factors of consumption, how will the expansion of income inequality affect domestic consumption? What policies should be carried out to adjust present income inequality in order to promote consumption demand? Using Zhejiang provincial data of urban residentsȁ9; income inequality and consumption demand, this paper investigates their relationship through cointegration analysis and then sets up error correction model (ECM) to reveal their dynamic relation. Based on the Granger causality test in ECM, this paper shows that income inequality is negatively related to consumption demand in long term, and thus narrowing urban residentsȁ9; income gap is an effective way to overcome the problem of insufficient domestic consumption demand.
机译：在全球经济衰退的背景下，中国的出口急剧下降，因此，它十分关注如何扩大国内消费需求和维持稳定的经济增长。在消费的影响因素中，收入不平等的扩大将如何影响国内消费？应该采取什么政策来调整当前的收入不平等，以促进消费需求？使用浙江省城镇居民数据ȁ9；收入不平等与消费需求之间的关系，通过协整分析进行研究，然后建立误差校正模型（ECM）揭示其动态关系。基于ECM中的格兰杰因果关系检验，本文表明，长期而言，收入不平等与消费需求呈负相关关系，从而缩小了城市居民的收入水平[9]。收入差距是解决国内消费需求不足的有效途径。

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