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Influences on the residents’ consumption by China’s urbanization and population aging
Pages: 69-73
Year: Issue:  10
Journal: Urban Problems

Keyword:  urbanizationagingconsumptionSYS-GMM;
Abstract: Using the provincial panel data from 1997 to2013,this essay examines the influence of urbanization and population ageing on the residents’ consumption. By using dynamic panel system GMM model,it is found that the improvement of urbanization is positively promoting to the residents’ consumption. Children’s dependency ratio and elderly dependency ratio are both positively promoting to the consumption,and the reduction of children’s dependency ratio can suppress the consumption,the rise of elderly dependency ratio can promote consumption which is greater than the inhibitory effect of children’s dependency ratio.
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