ESTIMATING LONGRUN CONSUMPTION FUNCTION USING ARDL COINTEGRATION METHOD AND MEASUREMENT SHORTRUN CONSUMPTION FUNCTION IN IRAN

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FAKHRAEI E.A.; MANSOURI SEYED AMIN

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Journal: Journal of Quantitative Economics Year:2008 | Volume:5 | Issue:2 Page(s): 23-38

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Title

ESTIMATING LONGRUN CONSUMPTION FUNCTION USING ARDL COINTEGRATION METHOD AND MEASUREMENT SHORTRUN CONSUMPTION FUNCTION IN IRAN

Author(s)

FAKHRAEI E.A. | MANSOURI SEYED AMIN | Issue Writer Certificate

Keywords

LONGRUN CONSUMPTION FUNCTOINQ3

SHORTRUN CONSUMPTION FUNCTOINQ3

MARGINAL PROPENSITY TO CONSUMEQ3

ARDL COINTEGRATION METHODQ3

Abstract

Correct assessment of consumption functoin and estimation of MARGINAL PROPENSITY TO CONSUME will help policy makers to use right instruments in confrontiny economic problems such as inflation and recession. The aim of this research is to estimate and analyze shortrun and longrun consumption function for income groups via stimation of ARDL cointegration relation in the period under consideration, 1982-2006. Results of the study showed a significant cointegration relationship. Marginal propensity for consumption has been estimated for low income group 0.97, for high income group 0.66 and 0.81 for the whole group. Calculated marginal propesity to consume in shortrun is 0.55.

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APA: Copy

FAKHRAEI, E.A., & MANSOURI, SEYED AMIN. (2008). ESTIMATING LONGRUN CONSUMPTION FUNCTION USING ARDL COINTEGRATION METHOD AND MEASUREMENT SHORTRUN CONSUMPTION FUNCTION IN IRAN. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), 5(2), 23-38. SID. https://sid.ir/paper/110841/en

Vancouver: Copy

FAKHRAEI E.A., MANSOURI SEYED AMIN. ESTIMATING LONGRUN CONSUMPTION FUNCTION USING ARDL COINTEGRATION METHOD AND MEASUREMENT SHORTRUN CONSUMPTION FUNCTION IN IRAN. JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW)[Internet]. 2008;5(2):23-38. Available from: https://sid.ir/paper/110841/en

IEEE: Copy

E.A. FAKHRAEI, and SEYED AMIN MANSOURI, “ESTIMATING LONGRUN CONSUMPTION FUNCTION USING ARDL COINTEGRATION METHOD AND MEASUREMENT SHORTRUN CONSUMPTION FUNCTION IN IRAN,” JOURNAL OF QUANTITATIVE ECONOMICS (QUARTERLY JOURNAL OF ECONOMICS REVIEW), vol. 5, no. 2, pp. 23–38, 2008, [Online]. Available: https://sid.ir/paper/110841/en

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