Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS)
Population age structure is a main factor affecting government consumption expenditure. This paper examines the effects of changes in population age structure on government consumption expenditure by using a Mixed Frequency Data Sampling (MIDAS) approach. The estimation results indicate that populat...
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Format: | Article |
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Tarbiat Modares University
2018-08-01
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Series: | پژوهشهای اقتصادی |
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Online Access: | http://ecor.modares.ac.ir/article-18-13542-en.pdf |
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author | Mohammad Noferesti Vida Varahrami sahar dashtban farooji |
author_facet | Mohammad Noferesti Vida Varahrami sahar dashtban farooji |
author_sort | Mohammad Noferesti |
collection | DOAJ |
description | Population age structure is a main factor affecting government consumption expenditure. This paper examines the effects of changes in population age structure on government consumption expenditure by using a Mixed Frequency Data Sampling (MIDAS) approach. The estimation results indicate that population age structure are of positive and significant effects on government consumption expenditure. In addition, government consumption expenditure is forecasted for 2014. To assess the predictive power of the model, the actual data in 2014 was not used. The expenditure forecasted by the model is 1437079 billion Rials, and corresponding real value is 1438316 billion Rials. This indicates the goodness of fit of model. |
first_indexed | 2024-03-13T05:17:50Z |
format | Article |
id | doaj.art-12c5d9f8c34c491e91941ac1f04f087f |
institution | Directory Open Access Journal |
issn | 1735-6768 2980-7832 |
language | fas |
last_indexed | 2024-03-13T05:17:50Z |
publishDate | 2018-08-01 |
publisher | Tarbiat Modares University |
record_format | Article |
series | پژوهشهای اقتصادی |
spelling | doaj.art-12c5d9f8c34c491e91941ac1f04f087f2023-06-15T20:23:11ZfasTarbiat Modares Universityپژوهشهای اقتصادی1735-67682980-78322018-08-01183103124Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS)Mohammad Noferesti0Vida Varahrami1sahar dashtban farooji2 Shahid Beheshti University Shahid Beheshti University Shahid Beheshti University Population age structure is a main factor affecting government consumption expenditure. This paper examines the effects of changes in population age structure on government consumption expenditure by using a Mixed Frequency Data Sampling (MIDAS) approach. The estimation results indicate that population age structure are of positive and significant effects on government consumption expenditure. In addition, government consumption expenditure is forecasted for 2014. To assess the predictive power of the model, the actual data in 2014 was not used. The expenditure forecasted by the model is 1437079 billion Rials, and corresponding real value is 1438316 billion Rials. This indicates the goodness of fit of model.http://ecor.modares.ac.ir/article-18-13542-en.pdfmixed frequency data samplingmidasage structure of the populationgovernment consumption expenditure |
spellingShingle | Mohammad Noferesti Vida Varahrami sahar dashtban farooji Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) پژوهشهای اقتصادی mixed frequency data sampling midas age structure of the population government consumption expenditure |
title | Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) |
title_full | Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) |
title_fullStr | Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) |
title_full_unstemmed | Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) |
title_short | Effect of Changes in Age Structure of the Population on Government Consumption Expenditure: An Approach of Mixed Frequency Data Sampling (MIDAS) |
title_sort | effect of changes in age structure of the population on government consumption expenditure an approach of mixed frequency data sampling midas |
topic | mixed frequency data sampling midas age structure of the population government consumption expenditure |
url | http://ecor.modares.ac.ir/article-18-13542-en.pdf |
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