Abstract
Based on the household survey data from 242 cities at and above the prefecture level during 2005-2016. This study evaluates changes in the upgrading of China’s consumption structure, and investigates the overall and regional impacts of Internet development and spatial spillover on the upgrading of China’s consumption structure using the spatial Durbin model (SDM) with time fixed effects. The results suggest that China’s consumption structure remains basically stable in peiiodic changes, and there is a positive spatial correlation: China’s Internet development exerts significantly promoting effects on the upgrading of residents* consumption structure, and there is a regional heterogeneity, namely, such effects in Eastern China and Central China are more remarkable than those in Western China; Internet development in neighboring cities has indirect effects on the upgrading of urban residents* consumption structure through spatial spillover effects, and there are regional differences in such effects. This study provides enlightenment for promotion of the upgrading of residents* consumption structure and the high-quality economic development in China.
Highlights
The upgrading of residents’ consumption structure contributes significantly to the upgrading of industrial structure as well as economic growth and transformation
Based on the data regarding the expenditure for consumption of residents in 242 cities in China during 2005-2016, this study shows that the upgrading of China’s residents’ consumption structure characteristics: presents the following in China remains basically stable during the periodic changes (Fig. 1)
The use of different sample data may cause the models to degenerate into simple Spatial autoregressive (SAR) model or spatial error model (SEM). 1 The SAR model means that only the dependent variable has spatial lag effects, while the SEM means that only the error term has spatial lag effects
Summary
The upgrading of residents’ consumption structure contributes significantly to the upgrading of industrial structure as well as economic growth and transformation. In view of the large proportion of food expenditure in urban and rural consumption, the proportion of non-food expenditure will increase and the residents’ consumption structure will tend to follow the trend with the Internet development [6]. This study explores the impact of Internet development on the upgrading of China’s residents’ consumption structure from the perspective of spatial spillover. The marginal contribution of this study is mainly reflected in the following aspects: First, the impact of Internet development on the upgrading of China’s consumption structure is explored using the spatial Durbin model (SDM) with time fixed effects and the data of 242 cities at and above the prefecture level during 2005-2016 from the perspective of spatial spillover. The spatial econometric model is selected objectively using the Lagrange multiplier (LM) test for scientific modeling and estimation, avoiding the subjectivity in the selection of empirical model
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