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...

Full description

Bibliographic Details
Main Authors: Sadullah Çelik, Yasemin Özerkek
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