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Zheng, D. K., & Li, L. (2021). Research on the Relationship between Financial Development and Residents’ Consumption: Based on the Mediation Effect of Income Distribution. Journal of Capital University of Economics and Business, 23, 9-24.

has been cited by the following article:

• TITLE: Measurement of Urban Potential for Global Consumer Center and Impact Elements

  AUTHORS: Tao Qu, Huiling Sun, Jiawei Li

  KEYWORDS: Service Industry, Scientific and Technological Innovation, Government Fiscal Expenditure, International Consumption Center

  JOURNAL NAME: Journal of Service Science and Management, Vol.16 No.5, October 24, 2023

  ABSTRACT: This paper constructs an evaluative system for global consumer centers from four dimensions: consumer level, consumption structure, quality and environment. We first calculate and evaluate the inherent potential of building global consumption centers in 28 tier-1 and tier-2 cities in China by utilizing the entropy method, and then test influential elements by using OLS mixed regression estimation. The research results indicate that the development scale of the service industry and its interaction with tech-innovative capability significantly enhance the construction potential in heterogeneity across regions. Government should construct international consumption centers at eastern developed cities in priority. Fiscal expenditures should mainly support infrastructural work at potential cities in the central, western, and northeastern regions to explore the establishment of regionally distinctive consumption centers.