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Private Household Consumption in China
J. van der Gaag
其他書名
A Study of People's Livelihood
出版World Bank, 1984
ISBN08213046589780821304655
URLhttp://books.google.com.hk/books?id=4MMRN6N-7GcC&hl=&source=gbs_api
註釋Until recently data on the economy of China has been scarce. In this paper we take a first look at private household consumption in China, using data for 1981 and 1982 published in the Statistical Yearbooks of China. We first show current consumption patterns, make some simple extrapolations for the period 1983-2000 based on various growth scenarios, and then estimate the Extended Linear Expenditure System (ELES) for China. Income, own-price and cross-price elasticities are also presented. The analyses are preceded by historical data for the period 1949-1979.