Family Debt and High-Quality Economic Development

DOI

10.2991/978-94-6463-052-7_176How to use a DOI?

Keywords

family debt; high quality; New Development Concept; index system

Abstract

The central government has pointed out that China’s economic growth is shifting from a high-speed growth to a high-quality development stage. In the past, China’s household sector had low participation per capita in the credit market and the housing market bubble boosted housing credit. However, the change in family debt has expanded China’s total economy. In order to explore the impact of broadening household credit scale (especially housing credit) on high-quality economic development, this paper introduces the total factory-productivity model. Based on the new development concept (coordination, innovation, green, openness and sharing), a high-quality development indicator measurement system was constructed, and the household debt scale was linked with the aggregate data in THE CHFS database to explore the impact of regional heterogeneity.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Ning Sun
PY  - 2022
DA  - 2022/12/27
TI  - Family Debt and High-Quality Economic Development
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 1586
EP  - 1596
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_176
DO  - 10.2991/978-94-6463-052-7_176
ID  - Sun2022
ER  -