Kumar, Saten (2009): A Re-examination of Private Consumption in Fiji. Published in: Pacific Economic Bulletin , Vol. 24, No. 2 : pp. 70-81.
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Recently the Reserve Bank of Fiji (RBF) claimed that private consumption expenditure in Fiji has grown considerably in past years. For policy purposes, it is important to re-investigate the determinants of consumption in Fiji. This paper used alternative time series techniques to estimate real private consumption for Fiji using annual data from 1975-2005. It is found that the income and availability of consumer credit elasticities are significant and plausible. A stable real private consumption function is also attained using CUSUM and CUSUMSQ tests.
|Item Type:||MPRA Paper|
|Original Title:||A Re-examination of Private Consumption in Fiji|
|English Title:||A Re-examination of Private Consumption in Fiji|
|Keywords:||Real Private Consumption, Income Elasticity and Availability of Consumer Credit Elasticity.|
|Subjects:||C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth
|Depositing User:||Saten Kumar|
|Date Deposited:||18. Nov 2009 10:37|
|Last Modified:||12. Feb 2013 05:43|
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