Research Paper

Advertisement spending and income: an aggregative analysis

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Title
Advertisement spending and income: an aggregative analysis
Content partner
Lincoln University
Collection
Lincoln University Research Archive
Description

Existing studies tend to investigate cross-sectional relations between GDP and advertisement at the firm or industry level. The present study focuses on the long-run relation between GDP and aggregate advertisement spending using United States data for the period 1900-2007. Granger causality tests indicate the temporal precedence of GDP. A cointegration analysis shows that, as GDP increases, it causes advertisement spending to increase at a rate faster than its own growth. Faster growth rel...

Format
Research Paper
Research format
Journal article
Date created
2016-04-29
Creator
Hu, Baiding / Sanyal, A
URL
https://hdl.handle.net/10182/7001
Related subjects
advertisement spending / GDP / Granger causality / cointegration / Marketing / Marketing Communications

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