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Decision-Making Factors in the Purchase of Ecologic Products

Author

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  • Radu Ciobanu

    (Department of Finance, Bucharest University of Economic Studies, 010404 Bucharest, Romania)

  • Claudia-Elena Țuclea

    (Department of Tourism and Geography, Bucharest University of Economic Studies, 010404 Bucharest, Romania)

  • Luciana-Floriana Holostencu

    (Department of Tourism and Geography, Bucharest University of Economic Studies, 010404 Bucharest, Romania)

  • Diana-Maria Vrânceanu

    (Department of Marketing, Bucharest University of Economic Studies, 010404 Bucharest, Romania)

Abstract

This paper attempts to empirically investigate the main variables that might exert a significant influence over the green purchase decisions of a Romanian consumer. An online survey was conducted on a sample of 915 individuals. The objectives of the study aim to evaluate the influence of different types of variables (related to the person, the environment, the product and the reference group) on the decision to purchase green products. For data analysis, both descriptive statistics measurements and a logit regression model were used. One of the most important findings shows that there is a significant and positive relationship between environmental factors (e.g., pollution reduction, greenhouse effect reduction) and the decision to purchase organic products; furthermore, Romanian consumers are less willing to pay high prices for green products. By offering important information on new variables relevant for a deeper understanding of a consumer located in a green emerging market such as Romania, this study may be useful for both academics and companies that could be interested in entering new local markets.

Suggested Citation

  • Radu Ciobanu & Claudia-Elena Țuclea & Luciana-Floriana Holostencu & Diana-Maria Vrânceanu, 2022. "Decision-Making Factors in the Purchase of Ecologic Products," Sustainability, MDPI, vol. 14(15), pages 1-26, August.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:15:p:9558-:d:879543
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