%0 Journal Article
%T The Effect of Soybean Trade between China  and the United States on Chinese Residents¡¯ Consumption Expenditure¡ªBased on  2004-2016 Trade Data
%A Yangyang Qi
%A Quanlong Qi
%J Modern Economy
%P 1045-1053
%@ 2152-7261
%D 2018
%I Scientific Research Publishing
%R 10.4236/me.2018.96067
%X <p style=\"text-align:justify;\">
	<span style=\"font-family:Verdana;\">This paper uses cointegration analysis method to
estimate the correlation between China¡¯s per-capita consumption expenditure and
the amount of soybean imported from the United States. It is found that
importing soy from the United States can reduce China¡¯s per capita consumption
expenditure. There is a long-term equilibrium between the per capita consumption
expenditure and the imports of soybean native to the United States. In the
short term, one of them can have a lasting impact on the other.</span>
</p>
%K Cointegration Analysis
%K VECM Model
%K Per Capita Consumer Expenditure
%K Impulse Response
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=85083