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The share of private consumption in gross domestic product is significant; therefore, private consumption has a great influence on economic growth, which makes it a major concept in economics. The purpose of the paper is to estimate and evaluate different forecasting models for private...
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The paper examines the results of a cross section regression analysis against four hypotheses. The primary hypothesis … unsurprisingly confirmed. In connection to the second hypothesis, the regression results supported the view that the more integrated …
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