Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/228013 
Year of Publication: 
2020
Series/Report no.: 
AGDI Working Paper No. WP/20/031
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This study investigates the macroeconomic determinants of household consumption in selected West African countries. The study employed the panel augmented mean group procedure which accounts for heterogeneity and cross sectional dependence in the modelling exercise for the period 1989 to 2018. Empirical results reveal that "gross domestic product per capita" and "domestic credit to the private sector" significantly improve household consumption in the selected West African countries as a whole. However, country-specific results show differences in terms of the magnitude of the coefficients, the significance and even the signs of the regressors. Policy recommendations based on these findings are discussed.
Subjects: 
Household consumption
West Africa
JEL: 
E21
O10
Document Type: 
Working Paper

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