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Un contraste directo de la hipótesis de renta permanente. Evidencia con datos de las Comunidades Autónomas Españolas

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  • J. Aníbal Núñez Carrasco

Abstract

RESUMEN El objetivo de este trabajo consiste en contrastar la Hipótesis de la Renta Permanente con datos de las Comunidades Autónomas españolas para el período 1980-2003. Utilizando el enfoque directo propuesto por Kormendi y LaHaye (1987), pretendemos ver si los datos respaldan la idea de que una innovación en la renta provoca una revisión en el consumo de igual tamaño que la revisión en la renta permanente. Los resultados obtenidos apoyan la predicción anterior en un sentido débil. ABSTRACT The aim of this paper is to provide some evidence on the Permanent Income Hypothesis, using Spanish regional data over the period 1980-2003. Following a direct approach first proposed by Kormendi and LaHaye (1987), we want to test whether the data support the idea that an income innovation triggers a revision in consumption equal to the revision in permanent income. The empirical results confirm the latter prediction in a weak sense.

Suggested Citation

  • J. Aníbal Núñez Carrasco, 2010. "Un contraste directo de la hipótesis de renta permanente. Evidencia con datos de las Comunidades Autónomas Españolas," Revista de Estudios Regionales, Universidades Públicas de Andalucía, vol. 2, pages 91-110.
    • Handle: RePEc:rer:articu:v:02:y:2010:p:91-110
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    Keywords

    Consumo; Hipótesis de renta permanente; Datos regionales españoles; Consumption; Permanent Income Hypothesis; Spanish regional data;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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