Consumer Economics(a Bimonthly) No.1,2020 Feb.2020 MAIN CONTENTS Changes and Trends of Consumption Structure of Chinese Residents: Analysis Based on Sino-US Input-Output Tables NI Hong-fu JI Cheng 3 Chinese Household Asset Allocation, Liquidity Constraint and Heterogeneous Agent Behavior ZHANG Xin ZANG Xu-heng 13 Can Managers Equity Incentive Enhance Enterprise Value? Evidence from A-share Listed Companies in China ZHOU Yun-bo ZHANG Jing-wen 26 China's Electricity Cross-subsidies: Size, Demand Elasticity, and Welfare Analysis LI Yu-min JIANG Yan DONG Chang-gui 35 Study on the Influence of Labor Income Gap on the Residents' Consumption Rate JIANG Jian-ping ZHU Xue-chun GE Chen-xiao 46 Social Trust and Consumption Behavior: Mechanism Based on Quantity and Level LIU XIang-d Online Social Interaction and Commercial Insurance purchase decision ZHU Wei-guo LI Jun XIE Han-jin 72 Liquor Industry Agglomeration and Regional Economic Development: On the Realization Path of Sichuan New Type Liquor Chateau YANG Ji-rui DU Si-yuan BAI Jia-fei83 Research on the Multidimensional Consumption Effect and Optimizing Strategy of the Development of Internet Retail: A Framework Based on Literature Review XIE Chi LoNG Yan-ni Ye Xu 90悦燥灶泽怎皂藻则 耘糟燥灶燥皂蚤糟泽穴粤 月蚤皂燥灶贼澡造赠雪 晕燥援1，圆园20 杂藻则蚤葬1 晕燥援203 Feb援圆园20 酝 粤 陨 晕 悦 韵 晕 栽 耘 晕栽杂 3 13 26 35 46 57 72 83 90 Changes and Trends of Consumption Structure of Chinese Residents: Analysis Based on Sino-US Input-Output Tables NI Hong-fu JI Cheng Chinese Household Asset Allocation, Liquidity Constraint and Heterogeneous Agent Behavior ZHANG Xin ZANG Xu-heng Can Managers' Equity Incentive Enhance Enterprise Value? Evidence from A-share Listed Companies in China ZHOU Yun-bo ZHANG Jing-wen China's Electricity Cross-subsidies: Size, Demand Elasticity, and Welfare Analysis LI Yu-min JIANG Yan DONG Chang-gui Study on the Influence of Labor Income Gap on the Residents' Consumption Rate JIANG Jian-ping ZHU Xue-chun GE Chen-xiao Social Trust and Consumption Behavior: Mechanism Based on Quantity and Level HE Ming-qin LIU Xiang-dong Online Social Interaction and Commercial Insurance Purchase Decision ZHU Wei-guo LI Jun XIE Han-jin Liquor Industry Agglomeration and Regional Economic Development: On the Realization Path of Sichuan New Type Liquor Chateau YANG Ji-rui DU Si-yuan BAI Jia-fei Research on the Multidimensional Consumption Effect and Optimizing Strategy of the Development of Internet Retail: A Framework Based on Literature Review XIE Chi LONG Yan-ni YE Xu