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J4  2010, Vol. 7 Issue (1): 64-    DOI:
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Study on the Consumption Structure of Urban Residents in China Using the Extended Linear Expenditure System Model
 CHEN Qiu-Ling, CAO Qing-Jin, ZHANG A-Li
College of Economics, Shanghai University, Shanghai, China

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Abstract  

Based on the statistical information, this paper conducts a quantitative study on the consumption structure of urban residents in China during 1993 to 2006 using the extended linear expenditure system model. This paper makes the quantitative analysis of the residents' marginal propensity to consume, income elasticity, self-price and cross-price elasticity, predicts the trend of the consumption of China's urban residents, and proposes some policy suggestions aiming at providing a reference for promoting domestic market and keeping the consumer demand growing persistently and steadily.

Key wordsconsumption structure      the extended linear expenditure system model      the marginal propensity to consume      income elasticity      self-price and cross-price elasticity     
Received: 28 April 2008     
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CHEN Qiu-Ling
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ZHANG A-Li
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CHEN Qiu-Ling,CAO Qing-Jin,ZHANG A-Li. Study on the Consumption Structure of Urban Residents in China Using the Extended Linear Expenditure System Model[J]. J4, 2010, 7(1): 64-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2010/V7/I1/64
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