Consumption and aggregate constraints: new evidence from Chinese provinces

Xinpeng Xu

Applied Economics Letters, 2009, vol. 16, issue 5, 481-484

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).

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:16:y:2009:i:5:p:481-484

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DOI: 10.1080/13504850601032065

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