Comparison among the Consumption Structures of Different Income Groups of Urban Residents in Guangxi Based on ELES Model

According to the household consumption data of urban residents in Guangxi Statistical Yearbook in the year 2009, the ELES (Extended Linear Expenditure System) is used to analyze the consumption structure, the propensity to consume, and the consumer flexibility of urban residents in Guangxi Zhuang Autonomous Region of China in the year 2008. Result shows that urban residents in Guangxi has relatively low propensity to consume. And their consumption, especially the middle and low-income families, is mostly concentrated in food, cloth, lodging and other basic necessities of life, which account for more than a half of their income. Based on this, corresponding suggestions are put forward to enlarge the consumption demand of urban residents in Guangxi, such as increasing the regulation of income redistribution, minimizing the gap between the rich and the poor, enhancing the overall consumption level, cultivating the consumption hot spots for the urban residents, and actively guiding the enjoyable consumption.

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Asian Agricultural Research, Volume 03, Issue 01
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 Record created 2017-04-01, last modified 2018-01-22

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