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An all-encompassing consumption function. The Australian case

Journal Article


Abstract


  • The paper reports some empirical findings of the Davidson, Hendry, Srba and Yeo (1978) consumption function fitted to Australian quarterly data for the period 1969.3 to 1982.2. The evidence rejects, in terms of the maximum likelihood ratio test, the unitary differencing and price homogeneity restrictions and supports a simple dynamic forecasting model with unconstrained parameters. © 1983.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1983

Citation


  • Van Hoa, T. (1983). An all-encompassing consumption function. The Australian case. Economics Letters, 13(2-3), 237-242. doi:10.1016/0165-1765(83)90092-7

Scopus Eid


  • 2-s2.0-49049124286

Web Of Science Accession Number


Start Page


  • 237

End Page


  • 242

Volume


  • 13

Issue


  • 2-3

Abstract


  • The paper reports some empirical findings of the Davidson, Hendry, Srba and Yeo (1978) consumption function fitted to Australian quarterly data for the period 1969.3 to 1982.2. The evidence rejects, in terms of the maximum likelihood ratio test, the unitary differencing and price homogeneity restrictions and supports a simple dynamic forecasting model with unconstrained parameters. © 1983.

UOW Authors


  •   Tran, Jimmy Van Hoa. (external author)

Publication Date


  • 1983

Citation


  • Van Hoa, T. (1983). An all-encompassing consumption function. The Australian case. Economics Letters, 13(2-3), 237-242. doi:10.1016/0165-1765(83)90092-7

Scopus Eid


  • 2-s2.0-49049124286

Web Of Science Accession Number


Start Page


  • 237

End Page


  • 242

Volume


  • 13

Issue


  • 2-3