Empirical Analysis of Private Consumption in Lesotho: An ARDL Bound Test Approach

Damane, Moeti

doi:10.4236/me.2018.93026

Cited by 8 publications

(7 citation statements)

References 16 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…[27] investigated the case of Lesotho and found that higher income is associated with higher private consumption, while higher inflation and higher interest rates reduce private consumption. These findings contradict with [28] who found that private consumption is positively influenced by income and interest rates on deposits, while inflation has no effect on private consumption. Moreover, government expenditure was found to crowd out private consumption.…”

Section: Introductioncontrasting

confidence: 92%

An Econometric Analysis of the Determinants of Private Consumption in Cote d’Ivoire

Keho¹

2019

TEL

View full text Add to dashboard Cite

This study investigates the determinants of private consumption expenditure in Cote d'Ivoire using time series data from 1970 to 2016. The Autoregressive Distributed Lags bounds testing approach to cointegration is employed to depict the presence of a long run relationship between private consumption and its determinants and an error correction model is estimated to derive short run dynamics. The results show the presence of a long run relationship among the selected variables. In the long run, current income, wealth and government consumption expenditure play a positive role in determining private consumption, with the effect of current income being higher. Furthermore, consumption expenditure is negatively affected by inflation rate and real interest rate on deposits. In the short run, only income and wealth appear to have positive effects on private consumption while the effects of government consumption, inflation and interest rate were found to be insignificant. This study provides evidence for government to improve the level of private consumption.

show abstract

Section: Introductioncontrasting

confidence: 92%

An Econometric Analysis of the Determinants of Private Consumption in Cote d’Ivoire

Keho¹

2019

TEL

View full text Add to dashboard Cite

show abstract

“…Similarly, it was found that private consumption (PRC) had a positive relationship with economic performance across all quantiles. This result was in agreement with the findings of Guo and N’Diaye (2010), Nikbin and Panahi (2016), Damane (2018) and Pegkas, (2018). For instance, Damane (2018) suggested that growth in GDP leads to an increase in household income and, therefore, a rise in the level of private consumption over time.…”

Section: Empirical Findingssupporting

confidence: 93%

Impact of Public Debt on Economic Growth: A Quantile Regression Approach

San,

Chin

2023

South Asian Journal of Macroeconomics and Public Finance

View full text Add to dashboard Cite

This study aimed at investigating the nexus between government debt and its determinants in the context of sustainable economic growth for 97 countries over the period from 2004 to 2018 by employing a panel data quantile regression and comparing it across a fixed-effects model and a generalized method of moments (GMM) model. The different touches of debt on economic growth were analysed. The quantile regression estimates revealed that government debt has various impacts on economic growth, relying on the degree of economic performance. Government debt negatively affects economic growth across all the quantiles. More interestingly, the quantile regression estimates indicated that in countries with a very low level of real GDP per capita growth, government debt has a stronger pernicious effect on economic growth compared to upper-middle and high-income countries. Hence, our results provided insightful information for policy makers in designing appropriate fiscal policies particularly for low- and lower- middle-income countries to mitigate the negative effect on economic growth, and it should be maintained at a low and reasonable level to promote sustainable economic growth. JEL Classification: E61, E62, E63, H63, O4, O40

show abstract

“…By the KPSS test, all the variables are stationary at 1% significant level. Phillip and Perron [14] through the Monte Carlo simulations have found that the less effective about the ADF test in the case of small samples. The ADF test method can be supplemented by the characteristics of KPSS test in the case of small samples.…”

Section: Unit Root Test Resultsmentioning

confidence: 99%

Impact of Renewable Energy Consumption on Carbon Emissions: A Case Study of China

Manli¹,

Cheng²,

Yang³

et al. 2020

Preprint

View full text Add to dashboard Cite

This study aims at exploring the relationship between renewable energy consumption and carbon dioxide emissions in China, and through the significance of renewable energy consumption, the hypothesis of environmental Kuznets curve at individual country level is tested as well as. Autoregressive distributes lag bounds testing approach is employed for empirical analysis. The results show that a quadratic relationship between renewable energy and CO2 emission has been found for the period support EKC relationship, and there exists a negative causality from renewable energy consumption to CO2 emissions.

show abstract

Empirical Analysis of Private Consumption in Lesotho: An ARDL Bound Test Approach

Cited by 8 publications

References 16 publications

An Econometric Analysis of the Determinants of Private Consumption in Cote d’Ivoire

An Econometric Analysis of the Determinants of Private Consumption in Cote d’Ivoire

Impact of Public Debt on Economic Growth: A Quantile Regression Approach

Impact of Renewable Energy Consumption on Carbon Emissions: A Case Study of China

Contact Info

Product

Resources

About