Panel cointegration analysis of consumer confidence and personal consumption in the European Union
This study examines the relationship between consumer confidence, personal consumption, and other relevant economic and financial variables for 9 European Union countries. It is argued that consumer confidence is an early indicator of future rates of growth in an economy through the consumption cha...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2009-06-01
|
Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/6227 |