Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire
<p>This study tests the dynamic relationship between government and household consumption in Cote d’Ivoire. The ARDL bounds test and Johansen approach are employed to annual data covering the period 1970 to 2016. The results reveal a long run relationship between household consumption, real GD...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2019-01-01
|
| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/7433 |
| _version_ | 1797923288779849728 |
|---|---|
| author | Yaya Keho |
| author_facet | Yaya Keho |
| author_sort | Yaya Keho |
| collection | DOAJ |
| description | <p>This study tests the dynamic relationship between government and household consumption in Cote d’Ivoire. The ARDL bounds test and Johansen approach are employed to annual data covering the period 1970 to 2016. The results reveal a long run relationship between household consumption, real GDP and government consumption. In the long run, private consumption and per capita income have positive effects on government consumption. However, in the short run there is no causal relationship between the variables.</p><p><strong>Keywords</strong>: Government spending; private consumption; GDP.</p><p><strong>JEL Classifications:</strong> C22, E21, E62, H31</p><p>DOI: <a href="https://doi.org/10.32479/ijefi.7433">https://doi.org/10.32479/ijefi.7433</a></p> |
| first_indexed | 2024-04-10T14:44:07Z |
| format | Article |
| id | doaj.art-de1b3ebedae84c9fb555aabbcf9d24a7 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T14:44:07Z |
| publishDate | 2019-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-de1b3ebedae84c9fb555aabbcf9d24a72023-02-15T16:07:58ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382019-01-01911972023695Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’IvoireYaya Keho0Ecole Nationale Supérieure de Statistique et d'Economie Appliquée (ENSEA) Abidjan, Côte d'Ivoire.<p>This study tests the dynamic relationship between government and household consumption in Cote d’Ivoire. The ARDL bounds test and Johansen approach are employed to annual data covering the period 1970 to 2016. The results reveal a long run relationship between household consumption, real GDP and government consumption. In the long run, private consumption and per capita income have positive effects on government consumption. However, in the short run there is no causal relationship between the variables.</p><p><strong>Keywords</strong>: Government spending; private consumption; GDP.</p><p><strong>JEL Classifications:</strong> C22, E21, E62, H31</p><p>DOI: <a href="https://doi.org/10.32479/ijefi.7433">https://doi.org/10.32479/ijefi.7433</a></p>https://www.econjournals.com/index.php/ijefi/article/view/7433 |
| spellingShingle | Yaya Keho Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire International Journal of Economics and Financial Issues |
| title | Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire |
| title_full | Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire |
| title_fullStr | Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire |
| title_full_unstemmed | Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire |
| title_short | Dynamic Relationship between Government Spending and Private Consumption: Evidence from Cote d’Ivoire |
| title_sort | dynamic relationship between government spending and private consumption evidence from cote d ivoire |
| url | https://www.econjournals.com/index.php/ijefi/article/view/7433 |
| work_keys_str_mv | AT yayakeho dynamicrelationshipbetweengovernmentspendingandprivateconsumptionevidencefromcotedivoire |