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Consumer expenditure in South Africa: a time-series model

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  • David Fielding

Abstract

A time-series model of private consumption in South Africa is presented. Consumer expenditure is found to be sensitive not only to income, but also to the source of income, interest rates and measures of political and economic uncertainty.

Suggested Citation

  • David Fielding, 1996. "Consumer expenditure in South Africa: a time-series model," Applied Economics Letters, Taylor & Francis Journals, vol. 3(6), pages 385-389.
    • Handle: RePEc:taf:apeclt:v:3:y:1996:i:6:p:385-389
    DOI: 10.1080/135048596356285
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    References listed on IDEAS

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    3. Davidson, James E H, et al, 1978. "Econometric Modelling of the Aggregate Time-Series Relationship between Consumers' Expenditure and Income in the United Kingdom," Economic Journal, Royal Economic Society, vol. 88(352), pages 661-692, December.
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    5. Perron, Pierre, 1989. "The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Econometrica, Econometric Society, vol. 57(6), pages 1361-1401, November.
    6. Giovannini, Alberto, 1985. "Saving and the real interest rate in LDCs," Journal of Development Economics, Elsevier, vol. 18(2-3), pages 197-217, August.
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