The Average Propensity to Consume of the Urban Chinese Household: An Analysis by Income Level

This study aims to measure the impact of Education, Health, Housing, Dependence and Income Growth on the Average Propensity to Consume (APC) of the Urban Chinese Households by Income Level. We use the Quantile Regression for analysis. Results show that Health has a negative impact on the APC; and th...

Full description

Saved in:
Bibliographic Details
Published inInternational journal of business Vol. 28; no. 2; pp. 1 - 17
Main Authors Lin, Tsoyu Calvin, Goncalves, Williman Temponi, Wang, Wei-Qing, Lin, Zong-Han
Format Journal Article
LanguageEnglish
Published Fresno Premier Publishing, Inc 22.03.2023
Subjects
Consumption
Dwellings
Education
Expenditures
GDP
Gross Domestic Product
Households
Housing
Housing prices
Income inequality
Personal income
Population
Privatization
Propensity to consume
Wealth
China
Turkey
Online AccessGet full text

Cover

More Information
Summary:This study aims to measure the impact of Education, Health, Housing, Dependence and Income Growth on the Average Propensity to Consume (APC) of the Urban Chinese Households by Income Level. We use the Quantile Regression for analysis. Results show that Health has a negative impact on the APC; and that Education and Dependence has positive relation. For less wealthy households, "Income Growth" is positive related to the APC. "Housing Prices to Income" (PTI) has a negative impact on the APC for the majority of less wealthy households and national average. Therefore, policies that decrease uncertainties, the household expending on health and housing, and encourage stable growth, redistribute the existing wealth and increase of the size of the family may help to increase the APC in a long run. The government should take into account of issues of housing markets, education and taxation for future policy making of social and economic development.
ISSN:1083-4346
DOI:10.55802/IJB.028(2).002