Home Part 4 THE INFLUENCE OF PRICES AND INCOME ON CONSUMER BEHAVIOUR OF THE POPULATION. THE CASE OF ROMANIA

 Anghelina Andrei, Haiduc Cristian

”Vasile Goldis”Western Universityof Arad, Faculty of Economics, Eminescu Str. 15, 310086 Arad, Romania, E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Abstract

The recession influenced the consummers in their biggest concern – their income. In the same time the recession changed some important trends in consume. In this paperwork the authors intend to determine how strong the influence of prices and incomes of the population is on the consumer behavior, especially in Romania. Also the author want to present the case study of Romania concerning the recession of economy and some new aspects of consumer behavior. There is a strong conexion between the income and consume and the time of recession show it in the best way. In this way the author did some research on the market and by some analyses in a statistical editor we conclude that there is a strong determination in the consumer behavior by the income of the population especially in Romania, a country with a developing economy.

Keywords: multiple correlations, income, dependency, prices, revenue, crisis
JEL Classification: D 10, D 11, D 12, D 14

 

Read the article