Causal relationship between gross domestic product and personal consumption expenditure of Nigeria

African Journal of Mathematics and Computer Science Research

Nwabueze Joy Chioma¹ 

关键词: Causal relationship;    coefficient of determination;    gross domestic product;    personal consumption expenditure;    investment;    government spending;    consumer price index;    implicit price deflator.;   

DOI  :  

学科分类：计算机科学（综合）

来源: Academic Journals

【 摘 要 】

This study employed regression analysis to investigate the casual relationship between gross domestic product and personal consumption expenditure of Nigeria using data from 1994 - 2007. A non insignificant value of 0.0514 was obtained as a slope coefficient indicating that an increase in gross domestic product has no significant effect on the personal consumption expenditure of Nigeria. This was further evidenced by the value of the coefficient of determination which was only 0.035 implying that the gross domestic product only explained about 3.5% of the personal consumption expenditure of Nigeria.

【 授权许可】

CC BY