Estimation of Private Consumption Function of Iran: Autoregressive Distributed Lag Approach to Co-integration

Considering consumption due to its pivotal role in economic growth and also aggregate demand and specially its long-run analysis have always been in the center of attention. In this study, we have estimated private consumption function, using ARDL approach and employing annual data during 1978-2012...

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Bibliographic Details
Main Authors: Behnam Nikbin, Saman Panahi
Format: Article
Language:English
Published: EconJournals 2016-04-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/1923