Testing Various Forms of Consumption Function for the Romanian Economy

Kinga Grama

No 9, Working papers from Ecological University of Bucharest, Department of Economics

Abstract: In the paper we propose to test various forms of the consumer function for the Romanian economy: the linear function and the consumption function constructed in the hypothesis of the present inertial phenomenon. The analysis was carried out over a period of ten years between 2008 and 2017; the data, on total income and total expenditure, allow us to assess the opportunity of estimating a linear - model; the results of the model are analyzed using: (Econometric Views 10) & (Excel 2016).

Keywords: consumer function; linear function; inertial phenomenon (search for similar items in EconPapers)
JEL-codes: B22 C01 C51 D12 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2018-04
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Persistent link: https://EconPapers.repec.org/RePEc:eub:wpaper:2018-09

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