@article{Wang:136470,
      recid = {136470},
      author = {Wang, Jian-hui},
      title = {Empirical Study of China's Rural Consumption Function from  the Perspective of Balancing Urban and Rural Development},
      journal = {Asian Agricultural Research},
      address = {2012-03},
      number = {1812-2016-143259},
      pages = {3},
      year = {2012},
      abstract = {From the perspective of balancing urban and rural  development, this article researches the factors  influencing the consumption level of rural residents in  China. I select the relevant data concerning per capita net  income of rural households and annual per capita consumer  spending of rural residents for living in the period  1985-2008, establish the regression model of per capita net  income of rural households and per capita consumer spending  of rural residents for living, and conduct regression  analysis and error correction model test using the  measurement software. The analysis results show that there  is not only long-term equilibrium relationship between  rural residents' current consumption and rural residents'  current income, between rural residents' consumption in lag  period 1 and rural residents' income in lag period 1, but  also short-term equilibrium relationship; current income is  the main reason for determining the current consumption).  Corresponding proposals are put forward to promote the  level of rural consumption in China as follows: propel  agricultural modernization; actively develop specialized  cooperative organizations of rural residents; improve rural  land transfer mechanism; promote the level of public  services in rural areas; accelerate the transfer of rural  surplus labor.},
      url = {http://ageconsearch.umn.edu/record/136470},
      doi = {https://doi.org/10.22004/ag.econ.136470},
}