Consumption-Led Growth: A Worldwide Panel Data Analysis (2006–2011)

9 Pages Posted: 23 Nov 2012

Date Written: November 22, 2012

Abstract

In the present paper an empirical analysis will point out that consumption generates economic growth, as claimed by Saito (2007). The sample covers all world during the period 2006 - 2011. Data are drawn from O.E.C.D. and are elaborated by means of the Eviews software package.

Keywords: Consumption, Economic growth, Capitalism, Economic Policy, Econometric models with panel data (single equation)

JEL Classification: C23, E21, F43, P1

Suggested Citation

Georgiou, Miltiades N., Consumption-Led Growth: A Worldwide Panel Data Analysis (2006–2011) (November 22, 2012). Available at SSRN: https://ssrn.com/abstract=2179569 or http://dx.doi.org/10.2139/ssrn.2179569

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