| The fiscal expenditures for governmental administration keep increasing since the initiation of the Reform and Open Policy. Meanwhile, the domestic consumption ratio has been decreasing from a relative low level. However, as the weak investment and export are unable to bring a great promotion to the economic development, the domestic consumption is expected to be the key aspect.Majority of previous studies of the influences of governmental expenditures on domestic consumption were focused on fiscal aspects, but rare researchers pay attention to the structural inclination of public goods supply. In this work, the structural inclination of public goods supply was quantified and indexed, whose influences on the domestic consumption was then discussed. The inner mechanism was theoretically analyzed that the government inclined to provide economic public goods rather than welfare goods, as well as the specific realization routine of the influences.Then second-order system GMM estimation method, second-order difference GMM estimation methods and inter-provincial panel data from 1990 to 2011 were applied to testify the analysis empirically.The following results were obtained. firstly the structural inclination of public goods supply outstandingly restrain the domestic consumption ratio, and the restrain effect is in positive related with the inclination level. The second is that expansion of governmental fiscal expenditure does not cause the sacrifice of domestic consumption; instead it helps stimulate the booming up of the domestic consumption ratio in some extent. Thirdly, our consumption circumstance exists "ratchet effect", which means the steadiness of consuming and that the consumption level will be highly promoted by the previous one. Therefore, in order to improve the consumption environment, it is of great importance to optimize the public goods supply structure, via approaches such as reforming the fiscal policies and the administrational stimulate policies. |
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