A Study on Relationship between Public Investment and Resident Consumption based on Structural Equation Modeling Analysis
This study focuses on the relations between public investment and resident consumption, which is based on the theory of government financial and the existing academic point of view on the correlationship between fiscal policy and consumption. In order to achieve the exactly objective conclusion, the study choose structural equation model to do the analysis work. At the end,the study get the conclusion that public investment in China has boosted the growth of consumption and improve the quality of peoples life in a long run. The study give the suggestion that government should also increase social security input to improve the social security system, regulate real estate prices and support the development of affordable housing and housing rental market.
public investment household consumption structural equation modeling
TANG Qing ZHAO Juan
School of Business Management, South China University of Technology, P.R.China, 510641
国际会议
威海
英文
764-770
2010-07-24(万方平台首次上网日期,不代表论文的发表时间)