Determinants of household consumption of Chattogram City: an econometric analysis

Abeda Sultana, Tahmina Reza, Farah Israt Tania and Anindita Chakroborty

International Journal of Social Science, Management and Economics Research - IJSSMER, vol. 2, issue 6

Abstract: This study aims to explore the various determinants that could impact household consumption. This paper seeks to uncover the relationship between multiple dimensions and consumer spending, shedding light on critical factors influencing consumption patterns. A sample of 360 responses was collected from consumers in different areas in Chattagram. Following the quantitative research methodology, the data were collected using simple random sampling. A questionnaire was used to collect the data by using depth interviews. Multiple regression analysis assessed the factors impacting household consumption expenditure in Chattagram City. The findings reveal that income, age, household size, education level, gender of the household head, savings, and investment significantly contribute to the household monthly consumption expenditure of Chattagram city. The result also shows that the more the investment income, the more the consumption expenditure. This study will aid policymakers in identifying the key factors that significantly influence household consumption and in formulating effective policies to boost household consumption, thereby driving economic growth in the economy.

Keywords: Consumer/Household Economics; International Relations/Trade; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/355405/files/D ... 0OF%20CHATTOGRAM.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:ijssme:355405

DOI: 10.22004/ag.econ.355405

Access Statistics for this article

More articles in International Journal of Social Science, Management and Economics Research - IJSSMER from International Journal of Social Science, Management and Economics Research - IJSSMER
Bibliographic data for series maintained by AgEcon Search ().