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文章基本信息

  • 标题:The Influence of Monetary Policy and Fiscal Policy on the Rural Residents' Consumption
  • 本地全文:下载
  • 作者:Liu, Xinzhi ; Li, Lu ; Liu, Yusong
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2014
  • 页码:115-119
  • 出版社:Journal of Agribusiness
  • 摘要:This paper conducts an empirical analysis of influence of fiscal expenditure supporting agriculture monetary supply on rural residents’s consumption by adopting a vector auto-regression model, based on the data from 1978 to 2011. The study indicated that: in the short term, fiscal policy is the Granger reason of rural residents’ consumption, monetary policy is not the Granger reason of rural residents’ consumption; in the long term, the comprehensive function of fiscal policy and monetary policy has a great influence on the of rural residents’ consumption. Under the background of Economic Transition and Urbanization, Expanding Domestic Demand is the slogan. We should coordinate fiscal policy and monetary policy to promote the rural residents’ consumption.
  • 关键词:Rural residents' consumption;Fiscal policy;Monetary policy;Vector auto-regression model
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