As the time trend function represent the impact of economic development on consumption, in the paper the semi-parametric model with deterministic time trend function is firstly used to make empirical study for cointegration test between actual consume and
As the time trend function represent the impact of economic development on consumption, in the paper the semi-parametric model with deterministic time trend function is firstly used to make empirical study for cointegration test between actual consume and
摘要由于确定性时间趋势项代表了经济发展等的因素对消费的影响，故本文首次基于带有非参数时间趋势项的半参数模型对我国1978~2005年的消费收入进行了协整检验，实证结果表明：转轨时期我国城镇居民人均收入与消费之间存在着长期均衡关系，收入是消费的一个重要决定因素；同时趋势项的影响也并不是如很多文章描述的那样具有直线形式。