A Study on the Impact of Urban Spatial Shape on Household Consumption and Savings
This article uses nighttime light data to measure urban spatial compactness and matches CHIP2018 data to empirically ex-amine the impact of urban spatial shape on household consumption and savings.Research has shown that the lack of compact urban spatial shape has a negative impact on household savings rates,and this impact is more pronounced in cities with more economic ac-tivity centers and larger scales,as well as in households with relative poverty and farther work and housing distances.Mechanism analysis shows that urban spatial shape does not have a significant impact on household income,but a less compact urban spatial shape drives up commuting costs for residents,thereby increasing household transportation and service consumption expenditures and reducing household savings rates.In addition,the lower household savings rate and transportation convenience in cities with less compact spatial shape can distort individual consumption and savings paths,leading to a decrease in the subjective perception of res-idents'own welfare.This constitutes implicit damage to the development of less compact cities,and a well-developed urban transpor-tation infrastructure can effectively mitigate the implicit damage.