Econometrics Model for China Urban Residents Income and Consumption Quantitative Analysis

Abstract

Based on the series research database statistics from Chinese Statistics Yearbook, data of rural population annual personal average disposable income and various consumer spending statistics( years from 1994 to 2009), established a single equation econometric model, estimated china rural population personal income and consumption function model by least square method, then analyze and compare and optimize it, that may estimate rural population disposable income according to this model, it has application value.