The Influence of Monetary Policy and Fiscal Policy on the Rural Residents’ Consumption

• 作者: Lu LI Xinzhi LIU Yusong LIU
• 来源期刊: 亚洲农业研究：英文版
• 学科: 经济
• 关键词: RURAL residents’ CONSUMPTION FISCAL policy Monetar
• 年，卷（期）: yznyyjywb_2014,（4）
• 页码范围: 115-119
• 页数: 5页
• 分类号: F822.0

摘要

This paper conducts an empirical analysis of influence of fiscal expenditure supporting agriculture monetary supply on rural residents’ s consumption by adopting a vector auto-regression model,based on the data from 1978 to 2011.The study indicated that:in the short term,fiscal policy is the Granger reason of rural residents’ consumption,monetary policy is not the Granger reason of rural residents’ consumption;in the long term,the comprehensive function of fiscal policy and monetary policy has a great influence on the of rural residents’ consumption.Under the background of Economic Transition and Urbanization,Expanding Domestic Demand is the slogan.We should coordinate fiscal policy and monetary policy to promote the rural residents’ consumption.