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Direct linkWang, Zengwen; Liu, Xiaodi – SAGE Open, 2019
This article presents an explanation to the paradox of why increased household incomes in rural areas in China are accompanied by decreased motivation for consumption. The empirical analysis shows a reduction in rural residents' consumer spending with the exception of spending on medical treatment and education. This effect is stronger in poor…
Descriptors: Foreign Countries, Educational Demand, Consumer Economics, Social Mobility
