An Analysis of Household Consumption for the City of Chachapoyas, Amazonas

Abstract

Objective: The objective of this study was to identify the profile of academic research on blended learning in the world and propose a research agenda for the topic. Theoretical framework: Recent literature has reported good results in both student performance and satisfaction in blended learning (Dziuban et al., 2004). However, there is still much to investigate and learn about BL because it is a recent development. Method: The research is descriptive was non-experimental, the sample was calculated by probabilistic sampling, for the estimation of consumption a simple model of consumption was used a general linear regression model (GLRM) that was supported by the estimation by ordinary least squares (OLS). Results and conclusion: The results show an 83.0% degree of goodness of fit. In other words, 83.0% of the variability of consumption is explained by the variability of family income. The marginal propensity of households to consume is 62.6 percent, i.e., for each additional monthly income generated, 0.62 percent of this new income is converted into consumption expenditure, taking into account all the components of consumption, and the remainder, i.e., 37.4 percent, is spent on savings or investment, bearing in mind that the economic theory of saving and investment essentially are the same. Implications of the research: The study is important because it describes consumption at the microeconomic level, using an econometric model that explains the relationship between consumption and income. Socially, it describes consumer behavior. Originality/Value: The value of the study focuses on the analysis of income with consumption through an econometric model that describes how much of the income is destined for consumption.