Economics, Econometrics and Finance
8 years ago

Wages income drives rural household spending, professional income less impactful.

Journal of Chongqing University of Arts and Sciences
Influence of sources of income in the rural areas on the expenditure of living consumption
Ren Mei-lin

Paper Summary

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The study looked at how different sources of income in rural areas affect how much people spend on living expenses. They found that wages and income from household businesses have a big impact on spending, with wages having a stronger effect. However, professional income and property income don't seem to have as much influence on spending habits.