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Consumption and aggregate constraints: new evidence from Chinese provinces

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  • Xinpeng Xu

Abstract

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).

Suggested Citation

  • Xinpeng Xu, 2009. "Consumption and aggregate constraints: new evidence from Chinese provinces," Applied Economics Letters, Taylor & Francis Journals, vol. 16(5), pages 481-484.
    • Handle: RePEc:taf:apeclt:v:16:y:2009:i:5:p:481-484
    DOI: 10.1080/13504850601032065
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    Cited by:

    1. Jin Xu & Dongmin Kong, 2015. "Understanding The Household Consumption Behavior In Urban China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-21, December.
    2. Joseph DeJuan & Tony S. Wirjanto & Xinpeng Xu, 2016. "The Adjustment of Consumption to Income Changes Across Chinese Provinces," Annals of Economics and Finance, Society for AEF, vol. 17(2), pages 235-253, November.

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