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REAL PRIVATE AGGREGATE CONSUMPTION DETERMINANTS IN BANGLADESH

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09 Pages : 103-111

http://dx.doi.org/10.31703/ger.2022(VII-II).09      10.31703/ger.2022(VII-II).09      Published : Jun 2022

Real Private Aggregate Consumption Determinants in Bangladesh

Abstract

    The study analyses the factors affecting Bangladesh's real private aggregate consumption (RPAC). The Auto regressive Distributed Lag Model (ARDL) model has been used to achieve the study's objective by considering the time series data from 1980 to 2021. The study's findings show that, in the case of Bangladesh, wealth and Gross Domestic Product (GDP effects on RPAC are quite similar. Nevertheless,the effect of GDP is vital in the short run, while wealth is prominent in the long run. However, the real interest and unemployment rates have had the same results. The long-term outcomes showed a negative influence of real interest rates on RPAC as a sign of an impact on income.The current income, real interest, and unemployment rates are expected to play a key role in determining the Bangladesh RPAC in the short run.

    Unemployment Rate, Autoregressive Distributed lag Model (ARDL) and Real Private Aggregate Consumption

    (1) Imran Khan
    PhD Scholar, Department of Economics, Lasbela University of Agriculture, Water and Marine Sciences (LUAWMS), Uthal, Balochistan, Pakistan
    (2) Sara Rafiq
    Chairperson/ Assistant Professor of Economics, Department of Economics, University of Buner, Buner, KP, Pakistan
    (3) Khalid Khan
    Department of Economics, Lasbela University of Agriculture, Water and Marine Sciences (LUAWMS), Uthal, Balochistan, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Khan, Imran, Sara Rafiq, and Khalid Khan. 2022. "Real Private Aggregate Consumption Determinants in Bangladesh." Global Economics Review, VII (II): 103-111 doi: 10.31703/ger.2022(VII-II).09

HARVARD

    HARVARD : KHAN, I., RAFIQ, S. & KHAN, K. 2022. Real Private Aggregate Consumption Determinants in Bangladesh. Global Economics Review, VII, 103-111.

MHRA

    MHRA : Khan, Imran, Sara Rafiq, and Khalid Khan. 2022. "Real Private Aggregate Consumption Determinants in Bangladesh." Global Economics Review, VII: 103-111

MLA

    MLA : Khan, Imran, Sara Rafiq, and Khalid Khan. "Real Private Aggregate Consumption Determinants in Bangladesh." Global Economics Review, VII.II (2022): 103-111 Print.

OXFORD

    OXFORD : Khan, Imran, Rafiq, Sara, and Khan, Khalid (2022), "Real Private Aggregate Consumption Determinants in Bangladesh", Global Economics Review, VII (II), 103-111

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