Publications   Empirical StudiesKYN - SLAMA: MACROECONOMIC CONSUMPTION FUNCTION FOR CZECHOSLOVAKIA

E. Appendix

Table 1.

Annual Data used in estimating "Consumers' Consumption Function"

(Current prices, in billions Kcs)

Year    Disposable Income
Y
D
Consumption   Expenditure 
C
C/Y
in %
1954 80.92678.46096.95
1955 86.02383.690 97.29
1956

 92.050

88.805  96.47
1957 98.032 95.00896.92
1958 99.33596.27096.91
1959104.105

100.881

96.90
1960 109.518

 108.057

 98.66
1961116.289

112.040

 96.35
1962119.510

 116.812

97.74
1963 122.750

  120.139

97.87
1964 129.649

125.304

96.65
1965  138.142 133.04196.30
1966  146.432  145.690 96.39
1967  156.141 149.224 95.57
1968 173.904167.096  96.08
1969 192.172 186.379 96.99

Source: K. Janacek, Makroekonomicka spotrebni funkce, Ekonomicky ustav

CSAV, Praha 1972, p.109.

 

 

Table 2.

Quoterly Data Used in Estimating "Consumers' Consumption Function"

(in billions of Kcs at current prices)

                                                 

Disposable Income
Y
Consumption Expenditure
 C
C/Y
III  III   IV  I II    III   IV I    II  III   IV
1961 29.18528.220 29.051 29.88325.578 27.015 28.778 30.679 88.8  95.7  99.1 102.7
196229.788 29.327 29.966  30.704 25.95529.177 29.659 32.296 87.1 99.5  98.0 105.2
196329.634 29.959 31.049  32.591  26.224 29.572 30.85733.95188.5 98.7 99.4 104.2
1964 31.707 31.45732.28234.258 28.07730.41931.89334.97088.6  96.798.8102.1
1965 33.031 33.233 35.23636.59228.583 32.26434.526 37.06886.5 96.9 97.8102.9
1966 34.42035.283 36.39339.59430.55334.10535.61540.159 88.896.7  97.9 101.4
1967 36.728  37.69338.94042.969 32.58735.92538.11542.78688.795.397.999.6
1968 40.696 41.311 42.86949.028 35.340 39.750 43.14 148.865 86.8 96.2 100.699.7
196946.141 46.250 47.202 52.61640.638 45.213 47.25253.31588.197.8100.1101.3

                                                                  

Source:  K. Janacek, Makroekonomicka' spotrebni funkce, Ekonomicky ustav CSAV, Praha 1972, p.111.

 

 

 

Table 3:

Annual Data used in estimating "Planners' Consumption Function"

 

 

 

National
 Income
Consumption
Expenditures
%Fixed
Capital
EmploymentNormal
Level of NI
Relative
Deviation of
Y from Y
YCC/YKLYE

1948

74.2000

52.2000

70.3503

331012.

4842.00

'79.0760

-6.16623

1949

81.6199

53.7660

65.8735

338273.

4836.00

84.7271

-3.66718

1950

89.7820

62.6400

69,7689

345444.

4831.00

90.5791

-0.88006

1951

98.6860

63.1620

64.0030

356017.

4819.00

96.8495

1.89619

1952

109.074

64.7280

59.3431

370117.

4811.00

103.705

5.17693

1953

115.752

62.1180

53.6647

384641.

4867.00

111.755

3.57666

1954

120.204

70.9920

59.0596

399519.

4995.00

121.281

-0.88782

1955

132.076

76.7340

58.0983

414368.

5070.00

130.332

1.33772

1956

139.496

82.9980

59.4984

429884.

5127.00

139.439

0.04110

1957

149.884

89.7840

59.9023

446678.

5153.00

148.355

1.03035

1958

161.756

90.8280

56.1512

465687.

5147.00

157.056

2.99234

1959

172.144

95.5260

55.4919

489155.

5080.00

165.065

4.28829

1960

186.242

104.400

56.0560

516451.

5053.00

174.306

6.84795

1961

198.856

108.054

54.3378

544739.

5086.00

185.029

7.47271

1962

201.824

110.664

54.8319

573440.

5134.00

196.228

2.85149

1963

197.372

112.230

56.8621

601810.

5123.00

205.893

-4.13842

1964

198.114

115.362

58.2301

632186.

5138.00

216.360

-8.43302

1965

205.534

121.104

58.9216

661428.

5170.00

227.042

-9.47305

1966

224.084

127.890

57.0723

685430.

5263.00

238.748

-6.14206

1967

235.956

132.066

55.9706

710406.

5282.00

248.234

4.94599

1968

253.022

146.160

57.7657

740489.

5354.00

259.735

-2.58452

1969

270.830

156.078

57.6295

774383.

5415.00

271.115

-0.10514

1970

286.412

157.644

55.0410

814562.

5500.00

283.753

0.93689

1971

300.510

165.474

55.0644

859850.

5552.00

295.532

1.68447

1972

319~060

173.304

54.3171

905109.

5596.00

306.543

4.08335

1973

336.126

182.700

54.3546

954196.

5637.00

317.337

5.92060

 

 

 

 

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