Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2193839
The causes of internal habit formation among Chinese urban residents: a multi-layer model perspective
Xuepin Wu
Yongjun Ma
Sažetak
Economic growth faces serious challenges due to the COVID-19
pandemic. To promote swift economic recovery, the focus has
turned to consumption’s role as a driver of economic growth. To
explore the influence of external social environment variables on
internal habits, this study improves Naik and Moore’s consumption
model and constructs a multi-layer statistical model with
habit-forming effects. The study shows, first, that internal habit
effects are significantly present in all types of the population’s
consumption expenditures, and there are significant crossregional
differences. Second, we find significant moderating
effects of inclusive digital finance, education levels, income disparities,
and regional economic differences on internal habit formation.
Furthermore, the internal habit effect is more influenced by
inclusive digital finance and income disparity and less by education
and regional economic disparity. Finally, the study proposes
policy recommendations for building an inclusive digital financial
services infrastructure, improving access to education, reducing
income disparities, and balancing regional development. To a certain
extent, this study reveals the intrinsic link between the external
consumption environment and internal habit effects,
providing a new perspective for the government’s use in formulating
consumption policies that promote economic growth.
Ključne riječi
Consumption structure; internal habitual causes; multi-layer statistical model; urban residents’ consumption
Hrčak ID:
314870
URI
Datum izdavanja:
25.5.2023.
Posjeta: 46 *