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.
China Statistical Yearbook
This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China.
This paper gauges the key determinants of China's private consumption in relation to GDP using data on the Chinese economy and evidence from other countries' experiences.
This paper proposes a possible framework for identifying excessive investment.
Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade.
This book presents an innovative demographic toolkit known as the ProFamy extended cohort-component method for the projection of household structures and living arrangements with empirical applications to the United States, the largest ...
".the Chinese government remains aware of the potential threats to the economy (foreign capital flight, loss of competitiveness, drop in consumers' confidence, etc.) and is striving to continue to provide a stable environment for domestic ...
The Chinese growth miracle was based on exports and investment in recent years. While strong output growth has been maintained even during the financial crisis, the imbalances within the country...
The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of...
This engaging book is a valuable resource for students, scholars and business professionals interested in a deeper understanding of what motivates China’s consumers, and what challenges they face as more aspects of everyday life become ...