Consumption analysis and the effect of price development in SR

• Autorzy: König B.
• Języki publikacji: EN

Abstrakty

EN

The article deals with the development of consumption expenditures (luxury and necessity goods) in SR over time. For this purpose the QUAIDS (Quadratic Almost Ideal Demand System) model was adopted which enabled us to calculate the expenditure elasticities of nine relatively homogeneous commodity groups. Based on these results commodity groups were split into luxury and necessity goods and their evolution was tracked over time. In the next step, resulting from luxury and necessity groups, weighted price indices were calculated. Results suggest that movement in prices has positive effect on the willingness to buy more expensive luxury goods compared to the essential goods.

Słowa kluczowe

EN

consumption behaviour; QUAIDS model; luxury and necessity goods; price development

• Wydawca: Komisja Informatyki Polskiej Akademii Nauk, Oddział w Gdańsku
• Czasopismo: Journal of Theoretical and Applied Computer Science
• Rocznik: 2016
• Tom: Vol. 10, nr 1
• Strony: 38--45
• Opis fizyczny: Bibliogr. 11 poz., tab., wz.

Twórcy

autor

König B.

• University of Economics in Bratislava, Faculty of Economic Informatics, Department of Operations Research and Econometrics, Slovak Republic Institute of Economic Research SAS, Slovak Republic

Bibliografia

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• [10] Lichner, I., Petríková, K.: Odhad výdavkových elasticít pomocou modelu QUAIDS – prípad Slovenska. Slovenská štatistická demografická spoločnosť/Forum statisticum Slovacum, 10, No. 3, pp. 150-156, 2014.
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Uwagi

Opracowanie ze środków MNiSW w ramach umowy 812/P-DUN/2016 na działalność upowszechniającą naukę (zadania 2017).