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 language | English |
---|---|
Pages (from-to) | 481-484 |
Number of pages | 4 |
Journal | Applied Economics Letters |
Volume | 16 |
Issue number | 5 |
DOIs | |
Publication status | Published - 13 Mar 2009 |
ASJC Scopus subject areas
- Economics and Econometrics