Some thoughts on Engel's coefficient,the Tourism Engel's coefficient
Engel's coefficient is not suitable for measuring residents living conditions in our country during the period of building a well-off society in an all-round way. The new social needs the index that includes more spiritual consumption to measure residents happy feeling and social development. In this context,Liu Simin thinks that tourism consumption contains material and spirit consumption characteristics. Tourism Engel coefficient can judge the people's living standard during the time of building a well-off society in an all-round way. But the empirical research of the urban residents in Henan province shows that only using the tourism consumption as index is insufficient on the calculation model,although from the perspective of residents' quality of life,tourism Engel coefficient provides a positive indicator of social development and people living standard. And it also needs to build a new model to make up the inadequacy of the Tourism Engel's coefficient.