Analysis of the impact of household debt on the consumption of rural residents in central China

Quan Dai; Dandan Du; Yuhao Ge

doi:10.2991/978-94-6463-690-1_36

<Previous Article In Volume

Next Article In Volume>

Analysis of the impact of household debt on the consumption of rural residents in central China

——Survey data from Qian County

Authors

Quan Dai¹^{, *}, Dandan Du¹, Yuhao Ge¹

¹College of Economics and Management, Xinjiang Agricultural University, Urumqi, China

^*Corresponding author. Email: dq@xjau.edu.cn

Corresponding Author

Quan Dai

Available Online 23 April 2025.

DOI: 10.2991/978-94-6463-690-1_36 How to use a DOI?
Keywords: Household Debt; Rural Residents’ consumption; central China
Abstract: Since the reform and opening up, the consumption concept of rural residents with rapid economic development in China is gradually changing, and the consumption concepts such as early consumption and debt consumption are gradually recognized by the public. People can get rid of the impact of current income constraints and meet consumer demand through debt. This paper mainly studies the impact of household debt on consumer spending. This study obtains data information through questionnaire survey. Using multiple linear regression model, it is concluded that household debt has a significant positive impact on consumption expenditure, indicating that household choice debt can significantly improve household consumption level. However, this survey found that debt sampling accounted for only 35%, so rural residents should change their consumption concepts and improve their financial literacy.
Copyright: © 2025 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

<Previous Article In Volume

Next Article In Volume>

Volume Title: Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)
Series: Advances in Economics, Business and Management Research
Publication Date: 23 April 2025
ISBN: 978-94-6463-690-1
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-690-1_36 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

ris enw bib

TY  - CONF
AU  - Quan Dai
AU  - Dandan Du
AU  - Yuhao Ge
PY  - 2025
DA  - 2025/04/23
TI  - Analysis of the impact of household debt on the consumption of rural residents in central China
BT  - Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)
PB  - Atlantis Press
SP  - 371
EP  - 376
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-690-1_36
DO  - 10.2991/978-94-6463-690-1_36
ID  - Dai2025
ER  -

download .riscopy to clipboard