The econometric analyses of consumption structure of urban residents in China

By using ELES(expanded linear expenditure system), the authors make the analyses and predictions of the consumption structure of the urban residents in China, determine Engle coefficient, the marginal propensity to consume and the essential living standard of the household, etc.. Meanwhile, they also put forward some countermeasures and suggestions in accordance with the special characteristics of the consumption structure at present. The results of their analyses are very helpful for governments to draw up consumption policies and guide the residents in their correct consumptions as well.