THE ESTIMATION OF CONSUMPTION FUNCTION IN IRAN'S ECONOMY

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AHMAD MOULOD; TASHKINI A.; SOURI A.R.

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Journal: ECONOMIC RESEARCH REVIEW Year:2008 | Volume:8 | Issue:1 (28) Page(s): 15-39

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Title

THE ESTIMATION OF CONSUMPTION FUNCTION IN IRAN'S ECONOMY

Author(s)

AHMAD MOULOD | TASHKINI A. | SOURI A.R. | Issue Writer Certificate

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Abstract

This survey tries to estimate the consumption function in Iran’s economy with the purpose of deriving the long-run and short-run marginal propensities to consumption. In this study, the annual frequency of data in the range of 1991- 2003 is used, and the ARDL method is employed to run the model.The results indicate that long-run and short-run marginal propensities to consumption from disposable income are 0.49 and 0.39. It means that one percent increase in disposable income leads to 0.49 and 0.39 percent increase in consumption (in the long-run and short-run, respectively). Also liquidity has a positive significant effect on private sector consumption.

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APA: Copy

AHMAD, MOULOD, TASHKINI, A., & SOURI, A.R.. (2008). THE ESTIMATION OF CONSUMPTION FUNCTION IN IRAN'S ECONOMY. ECONOMIC RESEARCH REVIEW, 8(1 (28)), 15-39. SID. https://sid.ir/paper/67203/en

Vancouver: Copy

AHMAD MOULOD, TASHKINI A., SOURI A.R.. THE ESTIMATION OF CONSUMPTION FUNCTION IN IRAN'S ECONOMY. ECONOMIC RESEARCH REVIEW[Internet]. 2008;8(1 (28)):15-39. Available from: https://sid.ir/paper/67203/en

IEEE: Copy

MOULOD AHMAD, A. TASHKINI, and A.R. SOURI, “THE ESTIMATION OF CONSUMPTION FUNCTION IN IRAN'S ECONOMY,” ECONOMIC RESEARCH REVIEW, vol. 8, no. 1 (28), pp. 15–39, 2008, [Online]. Available: https://sid.ir/paper/67203/en

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