Household consumption pattern: Empirical evidence from Nigerian survey

Type Thesis or Dissertation - Master of Science in Economics
Title Household consumption pattern: Empirical evidence from Nigerian survey
Author(s)
Publication (Day/Month/Year) 2013
Abstract
This research paper examines the household consumption pattern: empirical evidence
from the Nigerian living standard survey using general household survey conducted
by the National Bureau of Statistics. We attempted to identify these determinants
within the framework of an economic model, using two separate data – post-planting
and post-harvest data sets generated from surveys in 2012 employing the robust
Quantile Regression technique. Our analysis and finding provides evidence that
heteroskedasticity is a natural phenomenon in the household consumption pattern
since the families in the survey are from diverse backgrounds. We represented
income with a proxy variable; total expenditure alongside with the second
explanatory variable; household size and both play significant roles in the household
consumption pattern.

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