The Statistical Analysis Of The Currency Value Income And People Living Standards

The 13 th Five-Year Plan emphasize the Chinese dream to ensure the timely completion of a moderately prosperous society,the realization of the second hundred years goal and the great rejuvenation of the Chinese nation,therefore how to improve the living standards of residents has become the key issue of the implementation of the national common prosperity and the great rejuvenation of the Chinese nation.Under this background,this paper intends to analyze and research the currency value、income and people living standards,it has important practical significance.Research of the relationship between currency value、income and people living standards in his passage is based on Beijing and Qinghai Province.In the process of research,firstly this paper carried out the analysis of the related mechanism of currency value、income and people living standards,and on the basis of the definition of relevant concept,relevant data collection,arrangement and calculation,using co-integration、VAR statistical method,then analysis the relationship of currency value、income and people living standards,the conclusions are as follows: currency and income are the Granger causes of living standard;In the long run,the impact of currency on the living standards of residents is more significant;In the short term,Beijing’s currency and income both have a pull on living standard,the currency in Qinghai province has reduced the living standards of residents,but income has a pulling effect,the contribution of income to living standard in Beijing is greater than Qinghai;The contribution of income difference to living standard difference is greater than the it of value difference to living standard difference.From the above conclusion,to improve the living standards of people,this paper puts forward the following suggestions: our country need to fully consider the regional differences between different regions and complete currency regulation policy;to give full play to the function of the government,increase the income of residents and speed up the development of the low value area;to adhere to the development strategy of Belt and road Initiative to accelerate the economic development of the western region,and narrow the economic gap between East and West.