Relationship between consumption and household income in the district of Huánuco, department of Huánuco, Peru
DOI:
https://doi.org/10.37711/rcie.2022.2.2.13Keywords:
consumption, income, marginal propensity to consume, department of Huánuco, Peru.Abstract
Objective. To determine the association between consumption and household income in the district of Huánuco, department of Huánuco, Peru, during 2019. Methods. The research is applied, descriptive-correlational and has a non-experimental design. A structured survey questionnaire was used for data collection and was applied to a sample of 240 families. Based on this, a multivariate linear regression model was estimated, which is theoretically based on the Keynesian consumption function. Results. They are divided into two: (i) based on the descriptive-correlational statistical analysis it was found that for the year 2019 the levels of income and consumption expenditure were relatively low and high, respectively; and that these variables present a positive statistical association of 0.672; (iii) the estimation of the econometric model showed evidence of a positive effect of income on consumption expenditure, and a value of the marginal propensity to consume lower than unity (0.71). Conclusions. The relationship between consumption expenditure and household income in the district of Huánuco is positive, and the value of the estimated marginal propensity to consume indicates that about 67% of income is devoted to consumption and the rest to savings.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Innovacion Empresarial

This work is licensed under a Creative Commons Attribution 4.0 International License.
a. Los autores conservan los derechos de propiedad intelectual (copyright) de las obras publicadas, cediendole a la revista el derecho de primera publicación.
b. Los autores retienen sus derechos de marca y patente, y también sobre cualquier proceso o procedimiento descrito en el artículo.
c. Los autores retienen el derecho de compartir, copiar, distribuir, ejecutar y comunicar públicamente el artículo publicado en la revista Innovación Empresarial (por ejemplo, colocarlo en un repositorio institucional o publicarlo en un libro), con un reconocimiento de su publicación inicial en la revista Innovación Empresarial.
d. Los autores retienen el derecho a hacer una posterior publicación de su trabajo, de utilizar el artículo o cualquier parte de aquel (por ejemplo: una compilación de sus trabajos, notas para conferencias, tesis, o para un libro), siempre que indiquen la fuente de publicación (autores del trabajo, revista, volumen, número y fecha).