Consumption and aggregate constraints: New evidence from Chinese provinces

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2 Citations (Scopus)

Abstract

Using a newly created panel dataset at the provincial level in China, this article revisits the hypothesis that state-specific consumption exhibits less sensitivity to lagged state-specific disposable income once aggregate income and consumption fluctuations are controlled for, as proposed by Ostergaard et al. (2002).
Original languageEnglish
Pages (from-to)481-484
Number of pages4
JournalApplied Economics Letters
Volume16
Issue number5
DOIs
Publication statusPublished - 13 Mar 2009

ASJC Scopus subject areas

  • Economics and Econometrics

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