摘要
利用北京市城乡居民1985年~2005年的人均消费、政府支出和可支配收入等数据,以跨期替代的居民消费模型为基础,通过建立协整方程和误差修正模型对政府支出如何影响居民消费进行了实证研究。研究发现,政府支出对居民消费支出具有挤入效应,且挤入效应在长期内明显强于短期;决定城乡居民消费水平最重要的因素是可支配收入的增加;农村居民消费对政府支出的敏感性比城镇居民低,其消费更加依赖于可支配收入的增长。
Based on an inter-temporal substitution model, this paper analyzes the effects of government spending shocks on private consumption in Beijing with the Cointegration and ECM model. The empirical study finds out some conclusions: First, the government spending may crowd in private consumption, which is more effective in the short run than in the long run. Second, the disposable income is the most important factor that affects the gross private con- sumption. Finally, the rural residents' consumption is less sensitive to the government spending while more sensitive to disposable income than urban residents' .
出处
《北京航空航天大学学报(社会科学版)》
CSSCI
2008年第2期28-31,49,共5页
Journal of Beijing University of Aeronautics and Astronautics:Social Sciences edition Edition
基金
北京市社科基金资助项目(06BaJG108)
关键词
政府支出
居民消费
协整理论
government spending
private consumption
cointegration