A Comparative Study on the Impact of "Urbanization" and "Townization" on the Consumption Structure of Urban Residents

Qing Zhang ； Zijian Chen ； Zhiyuan Yu ； Zhengdan Pan

《Frontiers in Economics and Management》 4卷1期 (2023/01) Pp. 67-74

https://doi.org/10.6981/FEM.202301_4(1).0006

摘要

Against the background that China's economy has entered the stage of high‐quality development, the continuous promotion of the improvement of residents' consumption level and the upgrading of consumption structure is an important foundation for expanding domestic demand and stabilizing the economy. This paper focuses on the difference between urbanization and urbanization in terms of their effects on the upgrading of urban residents' consumption structure, as opposed to the studies that have mostly explored the effects of the overall level of urbanization on the consumption structure of urban residents. Using the panel data of 31 provinces in China from 2007‐2019 to construct the model, the results of the empirical study show:in the process of urbanization driving the upgrading of urban residents' consumption structure, the promotion effect of "townization" is greater than that of "urbanization", and the promotion effect of urbanization on the upgrading of residents' consumption structure is more obvious in the eastern region. Finally, based on the theoretical test, this paper puts forward relevant policy suggestions.

關鍵字

"Urbanization" ； "Townization" ； Urban Residents' Consumption Structure ； Consumption Upgrading

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