The Impact of Network Factors on Consumption Based on Empirical Modeling and Analysis

Jiekai Sun ()
Additional contact information
Jiekai Sun: City university of Macau, Faculty of Finance

A chapter in Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025), 2025, pp 594-606 from Springer

Abstract: Abstract With the development of the times, society has gradually stepped into the information age. The Internet has become an indispensable part of people’s lives. Nowadays, more and more people are accustomed to using the network for consumer spending, and online consumption has already accounted for a large proportion of residents’ consumption. Therefore, how the Internet specifically affects residents’ consumption has become a research topic that cannot be ignored. The research question of this article is how network-related factors specifically influence residents’ consumer spending and how this research can utilize these factors to promote residents’ consumption and stimulate the vigorous development of the national economy. In this study, per capita consumer spending was taken as the dependent variable and network-related factors were considered. A panel model was constructed through the fixed effects model with fixed individuals and time for regression analysis. The research suggests that if a country aims to boost residents’ per capita consumption expenditure and thus the national economy, it can start by increasing per capita wages, elevating per capita income levels, and enhancing per capita disposable income. By improving residents’ consumption capacity, their consumption desires can be increased and consumption can be promoted. Consideration should also be given to the proportion of the population by age to avoid severe population aging and maintain the proportion of the young population within a normal range to prevent consumption inhibition due to advanced age.

Keywords: Consumption; Network factor; Fixed effects model (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-748-9_67

Ordering information: This item can be ordered from
http://www.springer.com/9789464637489

DOI: 10.2991/978-94-6463-748-9_67

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().