A MODEL OF URBAN HOUSEHOLD NONDURABLE CONSUMPTION IN CHINA'S ECONOMIC REFORM AND MODERNIZATION PROGRAM (HOUSEHOLD CONSUMPTION, URBAN ECONOMY, CONSUMER BEHAVIOR).

Résumé du livre

Microeconomic theory of consumer behavior, in the form of a partial equilibrium linear expenditure system of demand equations, and econometric techniques of ordinary least squares are applied to a unique set of post-1983 urban Chinese household annual consumption survey data to estimate expenditure and own price elasticities of demand in a linear expenditure system in China's partially reformed economy. This work is stimulated by the survey data collected in the 1980s by China's statistical bureaus from