About this document
Econometric Model of Private Consumption by Samantha Isabel is a document available to read on EtoBox.
The document contains the results of econometric models analyzing the determinants of private consumption in Spain from 1990 to 2011. It estimates three models: 1) A model of private consumption (LCP) as a function of disposable income (LPBI) and inflation (IPC). Disposable income is highly significant with an elasticity close to 1 and inflation is not significant. 2) Unit root and stationarity tests confirm LCP and its first difference (D(LCP)) are stationary while LPBI is stationary in first difference
- Author
- Samantha Isabel
- Language
- EN