A Study On The Impact Of Rural Residents' Income On Consumption In Shandong Province

With different sources of income for perspective, using the software of R, and selecting the data of Statistical yearbook of Shandong during 1978-2014 years, this paper respectively analyzes the rural resident income, expenditure situation, and effect on the consumption of rural residents of different sources of income in Shandong Province. It finds out the characteristic of the income and variation of consumption structure of the rural residents of Shandong Province,and puts forward feasible suggestions to promote the consumption level of the residents.This paper includes five parts:The first part describes the research background and significance, summarizes the research of domestic and foreign, and then introduces the ideas, the innovation, and the shortcomings.The second part introduces the theoretical principle, gives the definitions of income and consumption, and introduces the multivariate statistical analysis, principal component regression,cluster analysis, canonical correlation analysis, and some other common statistical methods.The third part gives the trend chart of the income and consumption of rural residents in Shandong Province. The method of cluster analysis is used to classify the consumption level of rural residents in 17 cities of Shandong Province.The fourth part analyzes the effect of different sources of income on the level of consumption by the principal components regression, and gives the canonical correlation analysis of different sources of income and consumption.The fifth part gives the conclusion of this paper. Firstly, the family business income is still a major source of income of rural residents, but the importance of wage income is gradually increase, and transfer income and property income are still insufficient; Secondly, rural residents of higher per capita net income are in Jinan, Qingdao, and the corresponding consumer spending is also located in the forefront of the province. The lower level of income are in Linyi, Dezhou and other places, and its corresponding consumer spending is low; Finally, it gives the countermeasures and suggestion of increasing the income of the rural resident in Shandong Province.