Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9547496 | China Economic Review | 2005 | 13 Pages |
Abstract
The aims of this paper are to propose an econometric model for studying consumption convergence, to apply the model to a set of panel data from China, and to discuss various implications of research results. Major findings of the paper include (a) conditional convergence is confirmed for total grain, fine grain, edible oil, poultry, aquatic product, and sugar; (b) animal fat and red meat exhibit consumption divergence; (c) rising income inequality and underdevelopment of market are identified to be obstacles to consumption convergence; and (d) for commodities that converge, the speed of convergence is slow.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Guang Hua WAN,