Determinants of Household Consumption Expenditure in the Middle East
Year: 2024
Type: article
Abstract: Household consumption and the variables that drive it have received widespread attention in economic literature. GDP per capita, population, and inflation are some of the macroeconomic variables that are usually considered to affect household spending. This study examines the influence of these macroeconomic variables on household consumption using multiple linear regression analysis models. The annual data used in this analysis covers the period 2010 to 2022. The paper found a positive and significant relationship between the expenditure of household consumption and GDP per Capita and population. As well as the significant and negative relationship between inflation and the expenditure of household consumption in the Middle East.
Authors: Katria Davina Paramastuti, Muhammad Sri Wahyudi Suliswanto
Institution: Universitas Muhammadiyah Malang
Language: English
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W6931101235
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