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Consumer Spending in China: The Past and the Future

Author

Listed:
  • Jun Nie
  • Andrew Palmer

Abstract

Jun Nie and Andrew Palmer examine the recent rise in the share of consumer spending in Chinese GDP to assess whether China can become a consumption-driven economy.

Suggested Citation

  • Jun Nie & Andrew Palmer, 2016. "Consumer Spending in China: The Past and the Future," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 25-49.
    • Handle: RePEc:fip:fedker:00042
    as

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    File URL: https://www.kansascityfed.org/documents/551/2016-Consumer%20Spending%20in%20China:%20The%20Past%20and%20the%20Future.pdf
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    References listed on IDEAS

    as
    1. Hanming Fang & Quanlin Gu & Wei Xiong & Li-An Zhou, 2016. "Demystifying the Chinese Housing Boom," NBER Macroeconomics Annual, University of Chicago Press, vol. 30(1), pages 105-166.
    2. Mark Rosenzweig & Junsen Zhang, 2014. "Co-residence, Life-Cycle Savings and Inter- Generational Support in Urban China," Working Papers 1039, Economic Growth Center, Yale University.
    3. Dennis Tao Yang & Junsen Zhang & Shaojie Zhou, 2012. "Why Are Saving Rates So High in China?," NBER Chapters, in: Capitalizing China, pages 249-278, National Bureau of Economic Research, Inc.
    4. Chadwick C. Curtis & Steven Lugauer & Nelson C. Mark, 2015. "Demographic Patterns and Household Saving in China," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(2), pages 58-94, April.
    5. Shang-Jin Wei & Xiaobo Zhang, 2011. "The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China," Journal of Political Economy, University of Chicago Press, vol. 119(3), pages 511-564.
    6. Luke M. Shimek & Yi Wen, 2008. "Why do Chinese households save so much?," International Economic Trends, Federal Reserve Bank of St. Louis, issue Aug.
    7. Ms. Mitali Das & Mr. Papa M N'Diaye, 2013. "Chronicle of a Decline Foretold: Has China Reached the Lewis Turning Point?," IMF Working Papers 2013/026, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Citations

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    as


    Cited by:

    1. Lebrand,Mathilde Sylvie Maria & Theophile,Ewane, 2022. "Rising Incomes, Transport Demand, and Sector Decarbonization," Policy Research Working Paper Series 10010, The World Bank.
    2. Craig S. Hakkio & Andrew Lee Smith, 2017. "Bond Premiums and the Natural Real Rate of Interest," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 5-39.
    3. Nestor Gandelman & Tomás Serebrisky & Ancor Suárez-Alemán, 2018. "Household spending on transport in Latin America and the Caribbean: understanding transport expenditure patterns," Documentos de Investigación 115, Universidad ORT Uruguay. Facultad de Administración y Ciencias Sociales.

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    More about this item

    Keywords

    Consumer spending - China; China; Gross domestic product - China;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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