The Influence of Education Level on Residents' Consumption Expenditure

10.6911/WSRJ.202206_8(6).0118

Yixin Zhang

Education level ； Household consumption ； Consumption level ； Consumption mode ； Consumption structure

World Scientific Research Journal

8卷6期（2022 / 06 / 01）

898 - 907

英文

In order to further explore the influence of education level of consumption, this paper in China as a research object, using data analysis for regression prediction, considering some external factors such as time change is difficult to accurately observe variables, may produce endogenous problem, this paper adopts the least squares model, has eliminate the influence of uncertain factors on the regression results. Consumption expenditure is defined according to three indicators: survival consumption, enjoyment consumption and development consumption. Results: The education level had the greatest influence on the housing expenditure, transportation consumption and enjoyment consumption.