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Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan

Abdul Qayyum Khan ; COMSATS Institute of Information Technology, Wah Cantt Campus, Pakistan
Muhammad Azam ; School of Economics, Finance and Banking College of Business (COB), University Utara, Malaysia
Muhammad Ejaz Qureshi ; MS Scholar, APCOMS, University of Engineering and Technology Taxila, Pakistan

Fulltext: english, pdf (221 KB) pages 59-70 downloads: 1.363* cite
APA 6th Edition
Khan, A.Q., Azam, M. & Qureshi, M.E. (2014). Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan. Ekonomski vjesnik, XXVII (1), 59-70. Retrieved from https://hrcak.srce.hr/127780
MLA 8th Edition
Khan, Abdul Qayyum, et al. "Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan." Ekonomski vjesnik, vol. XXVII, no. 1, 2014, pp. 59-70. https://hrcak.srce.hr/127780. Accessed 29 Nov. 2020.
Chicago 17th Edition
Khan, Abdul Qayyum, Muhammad Azam and Muhammad Ejaz Qureshi. "Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan." Ekonomski vjesnik XXVII, no. 1 (2014): 59-70. https://hrcak.srce.hr/127780
Harvard
Khan, A.Q., Azam, M., and Qureshi, M.E. (2014). 'Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan', Ekonomski vjesnik, XXVII(1), pp. 59-70. Available at: https://hrcak.srce.hr/127780 (Accessed 29 November 2020)
Vancouver
Khan AQ, Azam M, Qureshi ME. Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan. Ekonomski vjesnik [Internet]. 2014 [cited 2020 November 29];XXVII(1):59-70. Available from: https://hrcak.srce.hr/127780
IEEE
A.Q. Khan, M. Azam and M.E. Qureshi, "Analysis of consumption behaviour concerning current income and lags consumption: Empirical evidence from Pakistan", Ekonomski vjesnik, vol.XXVII, no. 1, pp. 59-70, 2014. [Online]. Available: https://hrcak.srce.hr/127780. [Accessed: 29 November 2020]

Abstracts
As in other economies, consumption expenditure is the largest component of the Gross Domestic Product (GDP) of Pakistan economy. The figure has been estimated around 80 percent of the GDP and demonstrates that historically, Pakistan’s economic growth is characterized as consumption-led growth. The present paper aims to explore the relationship between income and consumption using annual time series data for the period: 1975 to 2012 in Pakistan. For empirical investigation the linear regression model and the method of Least Squares is used as analytical techniques. Empirical results support the existence of a significant positive relationship between income and consumption. The finding suggests that long term committed planning is indispensable to enhance the productive capacity of the economy, employment opportunities and reduce poverty levels more effectively.

Keywords
income; consumption; linear regression model

Hrčak ID: 127780

URI
https://hrcak.srce.hr/127780

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