Abstract
Under the background of building a new development pattern, it is of great theoretical and practical significance to study the dynamic relationship between fiscal expenditure structure and residents' consumption. The empirical results show that people's livelihood expenditure affects residents' consumption completely through the intermediary variable of residents' income, while non people's livelihood expenditure has direct and indirect effects; investment expenditure on people's livelihood and transfer expenditure on people's livelihood have crowding in effect on residents' consumption, and have regional heterogeneity; on the whole, people's livelihood expenditure has crowding in effect on residents' consumption, while non people's livelihood expenditure has inhibitory effect on residents' consumption.
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.
