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Analysis on China’s Low Household Consumption

2011· article· en· W1635204315 on OpenAlexvenueno aff
Shi Chen

Bibliographic record

VenueCanadian social science · 2011
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMonetary Policy and Economic Impact
Canadian institutionsnot available
Fundersnot available
KeywordsChinaConsumption (sociology)Welfare economicsEconomicsNational economyEconomyPolitical scienceSociologyEconomic system

Abstract

fetched live from OpenAlex

Since the economic reform of China in the late 70s, China is going through a rapid economic development, however, the proportion of consumption in the national economy is declining over the past 30 years. In this paper, we first describe the current facts of China’s falling consumption rate. Then we propose the factors that lead to this decline and divide them to two categories. One category consists of structural factors, which corresponds to the declining proportion of the disposable income in GDP. The other category consists of behavior factors, and they describe how much the consumption rate is affected by consumer behavior. The research proposed in this paper is based on fundamental statistical data, using time series analysis on Chinese economy as well as international and inter-provincial panel-data analysis. To study on this problem, our research is comprised of two steps. In the first step, we focus on the change of China’s disposable income per GDP. In the second step, we study on the change of household consumption as percentage of disposable income. Key words: Consumption Rate; Economic Structure; National Income DistributionResume: Depuis la reforme economique a la fin des annees 70, la Chine est en train de connaitre un developpement economique rapide, cependant, la proportion de la consommation dans l'economie nationale est en declin au cours des 30 dernieres annees. Dans cet article, nous decrivons d'abord les circonstances actuelles de la baisse du taux de la consommation de la Chine. Nous exposons ensuite des facteurs qui conduisent a ce declin et les divisons en deux categories. Une categorie se compose des facteurs structurels, ce qui correspond a la proportion decroissante du revenu disponible dans le PIB. L'autre categorie comprend des facteurs de comportement, et ils decrivent a quel point le taux de consommation est affecte par le comportement des consommateurs. La recherche proposee dans le present article est basee sur des donnees statistiques fondamentales, en utilisant l'analyse des series chronologiques sur l'economie chinoise et l’analyse des donnees de panel internationales et inter-provinciales. Afin d’etudier ce probleme, notre recherche est composee de deux etapes. Dans la premiere etape, nous nous concentrons sur le changement du revenu disponible par unite de PIB de la Chine. Dans la deuxieme etape, nous etudions le changement de la consommation des menages en pourcentage du revenu disponible. Mots cles: Taux de consommation; Structure economique; Distribution du revenu national

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.001
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.081
Threshold uncertainty score0.161

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0000.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.003
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.126
GPT teacher head0.228
Teacher spread0.103 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

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Citations0
Published2011
Admission routes1
Has abstractyes

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