haku: @journal_id 835 / yhteensä: 186
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| Tekijä: | Bai, Xuemei Zhao, Songshan |
| Otsikko: | Time charge parameter model of China gross consumption function (original in Chinese) |
| Lehti: | Forecasting (c)
1999 : 5, p.50-53 |
| Asiasana: | CONSUMPTION CONSUMER BEHAVIOUR ECONOMETRIC MODELS CHINA |
| Kieli: | chn |
| Tiivistelmä: | In order to describe the changes of consumer behavior due to the alteration of economic, political and social environment, this paper set up a Time Parameter Consumption Model. The major parameters are long-term and short-term marginal propensity to consume and long-term average propensity to consume. On the basis of Friedman's Permanent Income Assumption, this model adopted Kalman's Filter the Waves Method. The results of demonstration show that this time parameter model greatly reflects the situation that the alteration of consumer behavior is in lined with the change of time. |
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