An Empirical Study On Social Security Expenditure And Consumption Of Urban Residents In Heilongjiang Province

The social security system as an important means to improve living standards and promote consumption growth, its importance has been widely attention around the world. As a representative of the many economic scholars, Friedman has the conclusions of the social security system can significantly promote the growth of consumption. Since 2008, after the global financial crisis, the model of economic development gradually from export-oriented to domestic demand and stimulate economic growth awakened change, so increase the level of consumption has been widespread attention, but as a facilitator of consumption, the social security system has also been widespread concern of scholars.However, Chinese Research on Social Security System and the consumption is still concentrated in the research in the framework of states, ignoring the country’s vast territory, as economic infrastructure and natural conditions of each region quite different, so these findings often lack of specificity. So choose of highly targeted social security expenditure of urban residents in Heilongjiang Province and consumption to research, the intention to fill gaps in Heilongjiang Province in this regard.According to the actual situation of urban residents social security expenditure and consumption in Heilongjiang Province, and ues life cycle and permanent income hypothesis as a base to estabilish the econometric model, and come to the conclusion the social security in Heilongjiang Province can obviously inhibit the growth in the level of consumption, and have a significant negative effect on consumption, both in the short term and the long term. The reason of this problem could be found from the social security itself and the environment that social security system needs.Based on the above research, put forward countermeasures and suggestions as improving the social security coverage, strict social security fund levy process, improve social security gold profit level, and improve the social security system, management system, perfect social security related laws and regulations, accelerate the improvement of healthcare and housing etc. security system construction, increase social security and propaganda, quicken the reform of income distribution system, adjust the focus of social security expenditures, improve the quantity of the supply of public goods, reasonable guide residents modern consumer attitudes to perfect social security system of the urban residents and improve the level of consumption in Heilongjiang Province.