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An Analysis of the Contradiction of Consumption Function in China in Transitional Period

Jun Wang

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Abstract

On the basis of the positive research into Chinese consumption function model, this paper analyzes the contradictions between model and reality, micro and macro consumption functions, and probes into the reasons that cause these contradictions. The paper points out that the key to establish the Chinese consumption function lies in its micro basis the consumption behavior of consumers. Finally, this paper proposes three basic hypotheses related to specific consumption behavior of consumer in the current transitional period.

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What this paper is about

On the basis of the positive research into Chinese consumption function model, this paper analyzes the contradictions between model and reality, micro and macro consumption functions, and probes into the reasons that cause these contradictions. The paper points out that the key to establish the Chinese consumption function lies in its micro basis the consumption behavior of consumers. Finally, this paper proposes three basic hypotheses related to specific consumption behavior of consumer in the current transitional period.

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Available abstract

On the basis of the positive research into Chinese consumption function model, this paper analyzes the contradictions between model and reality, micro and macro consumption functions, and probes into the reasons that cause these contradictions. The paper points out that the key to establish the Chinese consumption function lies in its micro basis the consumption behavior of consumers. Finally, this paper proposes three basic hypotheses related to specific consumption behavior of consumer in the current transitional period.

Key concepts: Consumption (sociology), Consumption function, Contradiction, China, Period (music), Function (biology), Economics, Macro

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