Abstract
The study aimed to examine the impact of household spending in many Middle Eastern countries, including Turkey, Egypt, Qatar, Iran and Saudi Arabia, on factors such as GDP (Gross Domestic Product), population, and inflation. The Data Panel is the analytical approach used in this investigation. The t test, F test, and coefficient of determination assumption test are examples of tests that use statistical tests where the eviews 9.0 application tools are used for all tests. The estimation results show a relationship between the independent variable = R^2 R_20.865102, meaning that 86% of household spending in the Middle East is influenced by GDP, Population, Inflation, and Exchange Rates. GDP and Population variables have a significant effect on household consumption expenditure. And the Inflation Variable has a Significant Negative Impact on household consumption expenditure in the Region.
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Article Details
- Year: 2024
- Volume: 45
- Issue: 3
- Pages: 145 - 168
- Accepted: 07.09.2024
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DOI:
https://doi.org/10.5281/zenodo.16882380 -
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How to Cite?
Katria Davina Paramastuti, Muhammad Sri Wahyudi Suliswanto (2024). Determinants of Household Consumption Expenditure in the Middle East. Journal of Economic Cooperation and Development, 45(3), 145-168. https://doi.org/10.5281/zenodo.16882380
