Research on the Heterogeneity of Household Consumption from the Perspective of Family Life Cycle
Resident consumption is the main driving force to drive sustained economic growth,and mainly take families as consumption units for social activities.How to enhance household consumption motivation?This paper selects the data of China Household tracking survey(CFPS)from 2010 to 2018,and from the perspective of family life cycle,this paper divides different family types,and constructs benchmark regression model and quantile regres-sion model to test and analyze the heterogeneity of household consumption.The study finds that:There are signifi-cant differences in consumption levels and consumptions structure among different types of households;most fami-lies'consumption levels are mainly at the middle and low levels,and only a small number of young and middle-aged families'consumption levels are at the middle and high levels;on the whole,the subsistence consumption of families tends to be at the middle and high levels,while the development consumption and enjoyment consumption tend to be at the middle and low levels.In this regard,the government departments at all levels should actively pro-mote the policy of encouraging family consumption,focus on improving the income level of low-and middle-income households,strengthen family capacity building,reduce the burden on families in terms of"one older and one younger",promote the improvement of consumption level and the optimization of consumption structure to a higher level,and expand domestic demand,so as to achieve a smooth domestic cycle and high-quality economic develop-ment.
Household life cycleConsumption levelConsumption structureHeterogeneity analysis
万方数据
维普
