Consumer’s behavior of the foodstuff consumption in slovakia  

Oleh:

Benda-Prokeinová, Renata ; Hanová, Martina

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Procedia - Social and Behavioral Sciences vol. 220 (May 2016), page 1-9.
Topik: AIDS model; consumer patterns; foodstuff demand; own and cross price elasticities
Fulltext: Procedia v220 Page 21.pdf (217.04KB)

Isi artikel

Exists plenty of the theoretical and empirical literature on what determines consumption levels over time and across countries, but less research into changes in consumption patterns. To better understand how changing incomes and prices influenced consumption patterns, we estimate Almost Ideal Demand System models. Aim of the paper is to find patterns and preference changes in the consumer demand for foodstuff in Slovakia. From the methodological aspect we used important items of the demand and for consumers behavior analysis we computed elasticity coefficients by using model AIDS. Computed elasticities showed that all foodstuff items had a positive income elasticity of demand.

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