Why Has China’s Final Consumption Rate Declined Since 1978?

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Title: Why Has China’s Final Consumption Rate Declined Since 1978? Causes and Implications

Authors: Guangjian Xu • Liyuan Dai • Jipeng Zhong

Abstract: Along with the rapid economic growth since 1978, there has been a remarkable trend in China, i.e. the steady decline of the share of final consumption expenditure in GDP that has made China one of economies with a low consumption rate in the world for a long time period. This phenomenon is concerned by economists since it is important for economic policies given the key role of consumption in the economic growth. This paper is to explore causes about decline in China’s final consumption rate since the economic reform. Evidence implies four causes: decrease of consumption propensity, adjustment of national income distribution structure, reform of urban housing system and slow growth of rural income.

Title of Journal:  Journal of Family and Economic Issues

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关键词：consumption Declined Decline final Since Journal China

谢谢分享

直觉因为公共收入和支出大大增加了

谢谢分享！我貌似下载不了？
好奇consumption expenditure as % of GDP的定义是什么， ZF消费？ZF支出？国民消费总量？

原来政_府，直接出来ZF啊。。。

winniewang2222 发表于 2013-1-5 03:42
谢谢分享！我貌似下载不了？
好奇consumption expenditure as % of GDP的定义是什么， ZF消费？ZF支出？国 ...

一般表示常住单位在一定时期内对于货物和服务的全部最终消费支出，也就是常住单位为满足物质、文化和精神生活的需要，从本国经济领土和国外购买的货物和服务的支出；不包括非常住单位在本国经济领土内的消费支出。

具体包括ZF消费支出和居民消费支出（城镇居民和农村居民）

中国的最终消费率相对于发达国家（70%-80%）仍然处于较低水平。

复旦大学的张军教授对中国的消费率过低的提法具有不同的看法，同时，中国的消费可能存在被低估的可能。