关键词: 城乡居民消费行为, 差异性, 消费函数, 协整, 误差修正模型

Abstract: There are significant differences between urban and rural residents in their consumption behaviors. Based on western consumption theories, we make an empirical analysis on urban and rural residents’ consumption functions and reveal that the differences are presented on four spheres including the relativity of consumptions between neighboring periods, spontaneous consumption, marginal consumption propensity as well as the stability of consumption. Our findings have important policy implications since they demonstrate that we should pursue differentiated consumption policies for urban and rural residents respectively. For stimulating urban residents’ consumption, the emphasis should be put on raising marginal consumption propensity through economic structure reconstruction and institutional reform; while for expanding rural residents’ consumption, the key points should be increasing their income, optimizing their consumption behavior and promoting the stability of their consumption growth.

Key words: urban and rural residents&rsquo, consumption behaviors;differences;consumption function;co-integration;error correction model