An econometric analysis of the relationship between Spanish and Italian private consumption
DOI:
https://doi.org/10.54571/ajee.558Keywords:
Econometric approach, VAR models, private consumption data for Spain and Italy, quarterly percentage changes, FRED, OCDE, statistical packages: R, fpp2, varsAbstract
In this paper, a VAR model is estimated for the percentage change in quarterly private consumption of Spain and Italy. After a brief presentation of VAR models, a VAR(1) is estimated for both time series.
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References
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