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The Consumption Behavior After 2008-2009 Crisis. Evidence From Romania

Author

Listed:
  • MAXIMLaura DIACONU

    (Alexandru Ioan Cuza University of Iasi, Iasi, Romania)

  • MAXIM Andrei

    (Alexandru Ioan Cuza University of Iasi, Iasi, Romania)

Abstract

The purpose of this paper is to identify and analyse the main factors that have influenced the consumption behaviour of the Romanians after the 2008-2009 crisis and, consequently, the types of goods bought by them. To reach this purpose, the study involved both an extensive investigation of the specialized literature and an empirical research, based on a structured survey, conducted on a sample of 288 people form N-E part of Romania. The results indicate that most of the respondents are influenced by the quality in buying durable goods and by the price-quality ratio in the case of the non-durable ones.

Suggested Citation

  • MAXIMLaura DIACONU & MAXIM Andrei, 2018. "The Consumption Behavior After 2008-2009 Crisis. Evidence From Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 70(3), pages 65-78, August.
    • Handle: RePEc:blg:reveco:v:70:y:2018:i:3:p:65-78
    as

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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/70306diaconumaxim&maxim.pdf
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    References listed on IDEAS

    as
    1. Andrew Metrick & Richard Zeckhauser, 1996. "Price Versus Quanitity: Market Cleaning Mechanisms When Sellers Differ in Quality," Harvard Institute of Economic Research Working Papers 1775, Harvard - Institute of Economic Research.
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    More about this item

    Keywords

    consumption behaviour; price; brand; quality; income;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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