Co-integration Analysis of the Relationship between Residents' Consumer Spending and GDP in Hubei Province

In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980 2009, we use co-integration analysis method to research the impact of GDP growth on residents' consumer spending. Result shows that although there are differences between GDP and residents' consumer spending in the short term, the equilibrium relationship exists between them, namely, the co-integration relationship, showing consistency in trends.


Subject(s):
Issue Date:
2011-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/128687
PURL Identifier:
http://purl.umn.edu/128687
Published in:
Asian Agricultural Research, 03, 12
Page range:
12-18
Total Pages:
3




 Record created 2017-04-01, last modified 2018-11-28

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