 Family Debt and High-Quality Economic DevelopmentNing Sun ()
A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 1586-1596 from Springer Abstract: Abstract The central government has pointed out that China’s economic growth is shifting from a high-speed growth to a high-quality development stage. In the past, China’s household sector had low participation per capita in the credit market and the housing market bubble boosted housing credit. However, the change in family debt has expanded China’s total economy. In order to explore the impact of broadening household credit scale (especially housing credit) on high-quality economic development, this paper introduces the total factory-productivity model. Based on the new development concept (coordination, innovation, green, openness and sharing), a high-quality development indicator measurement system was constructed, and the household debt scale was linked with the aggregate data in THE CHFS database to explore the impact of regional heterogeneity. Keywords: family debt; high quality; New Development Concept; index system (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-052-7_176 Ordering information: This item can be ordered from DOI: 10.2991/978-94-6463-052-7_176 Access Statistics for this chapter More chapters in Advances in Economics, Business and Management Research from Springer |
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