International Journal of Social Science & Economic Research
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Title:
CORRELATION ANALYSIS OF INFLUENCING FACTORS ON TOTAL RETAIL SALES OF SOCIAL CONSUMER GOODS IN CHINA

Authors:
Zhang Mi

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Zhang Mi
Collage of Economics and Management, Nanjing University of Aeronautics and Astronautics, China

MLA 8
Mi, Zhang. "CORRELATION ANALYSIS OF INFLUENCING FACTORS ON TOTAL RETAIL SALES OF SOCIAL CONSUMER GOODS IN CHINA." Int. j. of Social Science and Economic Research, vol. 3, no. 1, Jan. 2018, pp. 471-482, ijsser.org/more2018.php?id=33. Accessed 2018.
APA
Mi, Z. (2018, January). CORRELATION ANALYSIS OF INFLUENCING FACTORS ON TOTAL RETAIL SALES OF SOCIAL CONSUMER GOODS IN CHINA. Int. j. of Social Science and Economic Research, 3(1), 471-482. Retrieved from ijsser.org/more2018.php?id=33
Chicago
Mi, Zhang. "CORRELATION ANALYSIS OF INFLUENCING FACTORS ON TOTAL RETAIL SALES OF SOCIAL CONSUMER GOODS IN CHINA." Int. j. of Social Science and Economic Research 3, no. 1 (January 2018), 471-482. Accessed , 2018. ijsser.org/more2018.php?id=33.

References
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Abstract:
The total retail sales of social consumer goods represent the total amount of consumer goods that each industry provides to residents and social organizations through commodity circulation channels, and it is an important part of China's national economy. The changes in the total retail sales of social consumer goods can reflect the changes in the domestic retail market and the economic prosperity. From the purpose of maintaining a stable and healthy development of the economy, our country's current focus is to expand domestic demand, especially consumer demand. Based on the economic data of the past ten years in our country, this paper chooses eight index variables that affect the total retail sales of social consumer goods, including retail price index of goods, household consumption level, per capita disposable income of urban residents, per capita net income of rural residents, year-end population, gross domestic product, the Engel coefficient for urban residents 'consumption, and Engel coefficient for rural residents' consumption. Then Pearson correlation analysis, partial correlation analysis, rank correlation analysis and grey correlation analysis were carried out. Comparing the results of these four analytical methods, the following conclusions are obtained: The total retail sales of consumer goods in China are mainly related to GDP, household consumption level, per capita disposable income of urban residents, and per capita net income of rural residents. However, the relationship between the total retail sales of social consumer goods and the retail price index, year-end population, the Engel coefficient of urban residents' consumption and the Engel coefficient of rural residents' consumption are relatively weak.