Abstract
Based on sectional data regarding income and expenditure of Henan urban residents from 2006 to 2009, this paper applies ELES model to have a quantitative analysis of consumption expenditure structure of Henan urban and rural residents, involving three aspects including marginal propensity to consume, demand income elasticity and price elasticity. The results show that the marginal propensity to consume of rural residents is relatively low, the proportion of basic consumption expenditure in foodstuff and dwelling is large, giving priority to living type consumption, while some development potential for urban residents exists in the consumption of transportation, correspondence, culture and education, recreation and medical care.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
