Econometric Modelling of Income-consumption Relationship: Evidence from Nigeria
R. K. Ayeni & K. F. Akeju · Journal of Economics, Management and Trade · 2017
This paper seeks to empirically verify the dynamic relationship between consumption expenditure and income in Nigeria by experimenting with two major income hypotheses, the habit persistence and permanent income hypotheses. The major research question centred on which of the cons...
Open access
Research Article
10.9734/BJEMT/2017/26967