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Journal of Humanities, Arts and Social Science

ISSN Online: 2576-0548 ISSN Print: 2576-0556 CODEN: JHASAY
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ArticleOpen Access http://dx.doi.org/10.26855/jhass.2024.01.036

Rural Residents’ Consumption Expenditure Dynamic Analysis and Prediction in China

Jie Ren*, Xi Teng

Beijing Union University, Beijing, China.

*Corresponding author: Jie Ren

Published: February 28, 2024

Abstract

This study utilizes data from the China Statistical Yearbook as the sample to construct correlation analysis and curve regression models for various consumption expenditures of Chinese rural residents. By utilizing the trend extrapolation prediction method in SPSS 24.0, data concerning rural residents' consumption expenditures in China from 2015 to 2021 were selected to analyze the proportion of each consumption category among China's rural residents. The results show a strong correlation between education, culture, and recreation expenditures and food, liquor, and tobacco expenditures, as well as between clothing expenditures and health care expenditures. The model predicts the per capita food consumption expenditure of rural households in China using curve regression and trend extrapolation. It forecasts China's rural residents' consumption expenditures for food, liquor, and tobacco from 2022 to 2026. The suggestion that the consumption of rural residents in China accounts for a large proportion of basic subsistence consumption expenditures and has a single consumption structure has been made.

Keyword

Rural residents, household expenditure, correlation analysis, prediction model

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Copyright

© 2024 by the author(s).
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives (CC BY-NC-ND) license, which permits non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited and is not modified or adapted.
https://creativecommons.org/licenses/by-nc-nd/4.0/

How to cite this paper

Rural Residents’ Consumption Expenditure Dynamic Analysis and Prediction in China

How to cite this paper: Jie Ren, Xi Teng. (2024) Rural Residents’ Consumption Expenditure Dynamic Analysis and Prediction in ChinaJournal of Humanities, Arts and Social Science8(1), 215-219.

DOI: http://dx.doi.org/10.26855/jhass.2024.01.036