Study on the Factors Influencing the Consumption Behavior of Urban Residents
In the period of social transformation,there are many changing factors in social development,there are uncertain-ties in social income and consumption expenditure,the social security system is not perfect,credit consumption is strongly constrain-ed,and people cannot make long-term planning for their income and future expenditure,so there is short-sighted consumption be-havior,resulting in obvious saving tendency of Chinese residents is greater than consumption tendency,and domestic demand is dif-ficult to play a role. Residents' income level is an important factor affecting consumption,so we use panel data to conduct empirical analysis and analyze the impact of uncertainty on consumption behavior during the transition period,and on this basis,we propose to promote economic development through consumption.