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The Impact of Age Distribution on Household Consumption: Evidence from Saudi Arabia

Turkish Economic Review

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Title The Impact of Age Distribution on Household Consumption: Evidence from Saudi Arabia
 
Creator HAJ-KACEM, Rami Ben; College of Science, University of Dammam, Saudi Arabia.
 
Description Abstract. This paper aims to analyze the impact of age distribution on household consumption at the aggregate level. For that, statistical and econometric techniques are used, such as Unit root test, Co-integration and Granger Engels causality through Vector Error Correction Model, for testing an eventual short and long run causal relationships. This study is important since it helps to develop efficient national strategies for the short and the long run according to the evolution of the demographic profile and structure. Empirical validation for the Saudi Arabian case shows that the causality’s effect differs significantly according to consider the size versus the proportion of each age group. In addition, the analysis and discussions of results for each age categories gave specific conclusions for the overtime causality effect on Saudi Arabian household final consumption.Keywords. Age distribution, Consumption, Causality, Cointegration; Statistical tests.JEL. C22, D12, J11.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor University of Dammam
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/532
10.1453/ter.v2i4.532
 
Source Turkish Economic Review; Vol 2, No 4 (2015): December; 277-286
Turkish Economic Review; Vol 2, No 4 (2015): December; 277-286
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/532/615
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/187
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/188
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/189
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/190
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/191
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/192
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/532/193
 
Rights Copyright (c) 2015 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0