Consumer confidence indices are among the major economic variables as private consumption stands as the major component of aggregate demand in many economies. This is also relevant for an emerging economy like Turkey....Consumer confidence indices are among the major economic variables as private consumption stands as the major component of aggregate demand in many economies. This is also relevant for an emerging economy like Turkey. "What determines consumer confidence?" is one of the most popular questions in the literature of consumer surveys. There are two consumer confidence indices regularly released in Turkey. One is released by a private corporation, CNBC-e, in the first day of every month since January 2002. The other one is released by two public institutions, Central Bank of the Republic of Turkey (CBRT) and Turkish Statistical Institute (TURKSTAT), jointly since 2004. Although the goal is the same for both indices, there are differences between them in terms of the methodology and sampling size. This study has two aims: One is to detect the degree of correlation between these indices which will allow for commenting on the reliability of the indices; The other one is to test the relation between Gross Domestic Product (GDP), unemployment rate variables and the consumer confidence in Turkey by using both indices.展开更多
According to the China Statistical Yearbook divided eight consumption expenditure, I set food, clothing, housing and household equipment and services as residents basic living expenses, of China' s rural pension repl...According to the China Statistical Yearbook divided eight consumption expenditure, I set food, clothing, housing and household equipment and services as residents basic living expenses, of China' s rural pension replacement rate level of demand is calculated. The financial revenue scale autoregressive model predicted 2010-2020, the scale of fiscal revenue, with Pratt & Whitney type total pension should be of basic pension and substitution rate level of demand for pension accounts for fiscal revenue proportion of the international experience of fiscal income of 5% were measured and evaluated. The current basic pension in the short term to improve the life of the rural elderly has an important role, but the long-term need to continue to increase, should optimize the structure of fiscal expenditure.展开更多
文摘Consumer confidence indices are among the major economic variables as private consumption stands as the major component of aggregate demand in many economies. This is also relevant for an emerging economy like Turkey. "What determines consumer confidence?" is one of the most popular questions in the literature of consumer surveys. There are two consumer confidence indices regularly released in Turkey. One is released by a private corporation, CNBC-e, in the first day of every month since January 2002. The other one is released by two public institutions, Central Bank of the Republic of Turkey (CBRT) and Turkish Statistical Institute (TURKSTAT), jointly since 2004. Although the goal is the same for both indices, there are differences between them in terms of the methodology and sampling size. This study has two aims: One is to detect the degree of correlation between these indices which will allow for commenting on the reliability of the indices; The other one is to test the relation between Gross Domestic Product (GDP), unemployment rate variables and the consumer confidence in Turkey by using both indices.
文摘According to the China Statistical Yearbook divided eight consumption expenditure, I set food, clothing, housing and household equipment and services as residents basic living expenses, of China' s rural pension replacement rate level of demand is calculated. The financial revenue scale autoregressive model predicted 2010-2020, the scale of fiscal revenue, with Pratt & Whitney type total pension should be of basic pension and substitution rate level of demand for pension accounts for fiscal revenue proportion of the international experience of fiscal income of 5% were measured and evaluated. The current basic pension in the short term to improve the life of the rural elderly has an important role, but the long-term need to continue to increase, should optimize the structure of fiscal expenditure.