Arbeitspapier

Macroeconomic determinants of Household Consumption in selected West African countries

This study investigates the macroeconomic determinants of household consumption in selected West African countries. The study employed the panel augmented mean group procedure which accounts for heterogeneity and cross sectional dependence in the modelling exercise for the period 1989 to 2018. Empirical results reveal that "gross domestic product per capita" and "domestic credit to the private sector" significantly improve household consumption in the selected West African countries as a whole. However, country-specific results show differences in terms of the magnitude of the coefficients, the significance and even the signs of the regressors. Policy recommendations based on these findings are discussed.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/20/031

Klassifikation
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Economic Development: General
Thema
Household consumption
West Africa

Ereignis
Geistige Schöpfung
(wer)
Iheonu, Chimere Okechukwu
Nwachukwu, Tochukwu
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Iheonu, Chimere Okechukwu
  • Nwachukwu, Tochukwu
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2020

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