Nexus between Consumption, Income, and Price Changes: Asymmetric Evidence from NARDL Model

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dc.authoridDerindag, Omer Faruk/0000-0002-6693-0628
dc.authorwosidDerindag, Omer Faruk/ABI-2557-2020
dc.contributor.authorGohar, Raheel
dc.contributor.authorChang, Bisharat Hussain
dc.contributor.authorDerindag, Omer Faruk
dc.contributor.authorAbro, Zahida
dc.date.accessioned2024-08-04T21:00:03Z
dc.date.available2024-08-04T21:00:03Z
dc.date.issued2022
dc.departmentİnönü Üniversitesien_US
dc.description.abstractPrevious research has primarily examined the link between price, income, and consumer spending using linear regression models. On the other hand, the latest evidence shows an asymmetric link among economic and financial variables. We contribute to the literature by employing a novel technique known as the asymmetric ARDL model. This approach is used to investigate the impact of favorable and unfavorable changes in income and prices on household consumption. The results show that higher income has a substantial and beneficial effect on household expenditures in the short term and long term. On the other hand, a fall in income has no impact on consumer spending. Moreover, for most developing countries, price adjustments have a negligible effect on consumer expenditures. Our findings suggest that implementing the same policy initiatives across periods of rising and falling income and prices may result in potential losses.en_US
dc.identifier.doi10.15408/etk.v21i2.23339
dc.identifier.endpage228en_US
dc.identifier.issn1412-8969
dc.identifier.issn2461-0771
dc.identifier.issue2en_US
dc.identifier.startpage213en_US
dc.identifier.urihttps://doi.org/10.15408/etk.v21i2.23339
dc.identifier.urihttps://hdl.handle.net/11616/103755
dc.identifier.volume21en_US
dc.identifier.wosWOS:000818558100001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSyarif Syarif Hidayatullah State Univ Jakartaen_US
dc.relation.ispartofEtikonomien_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectE7 countriesen_US
dc.subjectconsumptionen_US
dc.subjectNARDL modelen_US
dc.subjectasymmetryen_US
dc.titleNexus between Consumption, Income, and Price Changes: Asymmetric Evidence from NARDL Modelen_US
dc.typeArticleen_US

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