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