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Co-integration Analysis of the Relationship between Residents' Consumer Spending and GDP in Hubei Province


Author Info

  • He, Xian-ping
  • Feng, Jian-zhong
  • Liang, Jun
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    In accordance with the economic data from Statistical Communique on National Economy and Social Development in Hubei Province in the period 1980 2009, we use co-integration analysis method to research the impact of GDP growth on residents' consumer spending. Result shows that although there are differences between GDP and residents' consumer spending in the short term, the equilibrium relationship exists between them, namely, the co-integration relationship, showing consistency in trends.

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    Bibliographic Info

    Article provided by USA-China Science and Culture Media Corporation in its journal Asian Agricultural Research.

    Volume (Year): 03 (2011)
    Issue (Month): 12 (December)

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    Handle: RePEc:ags:asagre:128687

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    Related research

    Keywords: GDP; Residents' consumer spending; Co-integration analysis; China; Agribusiness;


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