: Annual Aggregate Consumption Expenditure of Household

Some time series data for the R.O.K. macroeconomic variables are available annually and quarterly while some are not available quarterly or at all. Annual consumption data for R.O.K. is available. The statistics were calculated from logarithmically transformed and then H-P-filtered data.

The Cross Correlation of Annual Aggregate Consumption Expenditure of Household with Real Gross Domestic Product over Time, 1970-2017

Variable			SD%	Cross Correlation of Output with
Variable			SD%	X(-5)	X(-4)	X(-3)	X(-2)	X(-1)	X[Kor]	X(1)	X(2)	X(3)	X(4)	X(5)
GDP			0.232	-0.052	-0.166	-0.129	0.031	0.468	1.000	0.468	0.031	-0.129	-0.166	-0.052
FCONS			0.242	0.023	-0.139	-0.183	-0.089	0.216	0.793	0.387	0.044	-0.104	-0.125	0.145
	CONS		0.225	0.023	-0.132	-0.172	-0.062	0.298	0.818	0.393	0.044	-0.113	-0.143	0.119
		CD	1.057	0.199	-0.084	-0.154	-0.062	0.329	0.723	0.031	-0.324	-0.411	-0.313	0.044
		PSECD	0.787	-0.250	-0.383	-0.372	-0.153	0.253	0.681	0.457	0.210	0.104	0.080	0.224
		CND	0.226	-0.075	-0.136	-0.137	-0.086	0.154	0.694	0.407	0.238	0.154	0.077	0.198
		CSERV	0.189	0.368	0.213	0.078	0.086	0.258	0.571	0.147	-0.281	-0.437	-0.413	-0.056
	FCONSABR		5.305	0.100	-0.175	-0.269	-0.336	-0.224	0.164	0.178	0.079	0.062	0.075	0.185
	FCONSOTNR		4.754	0.141	0.126	0.129	0.280	0.310	0.058	-0.060	-0.024	-0.032	-0.139	-0.300

Notes

SD%: The square root of (average of (cycle/trend)^2 ); GDP: Gross Domestic Product; FCONS: Final consumption expenditure of resident households on the territory and abroad; CONS: Final consumption expenditure of households on the territory; CD: Consumption of durable goods; PSECD: Consumption of semi-durable goods; CND: Consumption of non-durable goods; CSERV: Consumption of services; FCONSABR: Final Consumption expenditure of resident households abroad; FCONSOTNR: Final consumption expenditure of non-resident households on the territory