Research on the economic effects of housing support expenditures under the perspective of consumption heterogeneity: Evidence from China.

ABSTRACT: What kind of impact does the government's housing support expenditure have on residents' consumption? This is a topic that deserves in-depth study and is of practical significance. This study constructs provincial equilibrium panel data based on China's guaranteed housing construction and financial expenditures on housing support data from 1999-2009 and 2000-2021. It applies the systematic GMM method to estimate the impact of government housing support expenditures on residents' consumption. The study found that whatever form of expenditure on housing support contributed to the total consumption of urban residents, while the impact on the consumption structure had different results. Based on the divisions of consumption structure, the results of the increase in government housing support e

SUBMITTER: Shang L 

PROVIDER: S-EPMC11392229 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature