Consumption and aggregate constraints: new evidence from Chinese provinces

被引：2
|
作者：
Xu, Xinpeng [1 ]
机构：
[1] Hong Kong Polytech Univ, Sch Accounting & Finance, Kowloon, Hong Kong, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2009年 / 16卷 / 05期
关键词：
INTEREST-RATES; INCOME; HYPOTHESIS;
D O I：
10.1080/13504850601032065
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a newly created panel dataset at the provincial level in China, this article revisits the hypothesis that state-specific consumption exhibits less sensitivity to lagged state-specific disposable income once aggregate income and consumption fluctuations are controlled for, as proposed by Ostergaard et al. (2002).
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页码：481 / 484
页数：4
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