A VIEW OF THE HOUSEHOLD CONSUMPTION IN THE CENTRAL AND EAST-EUROPEAN COUNTRIES ASPIRING TO JOIN THE EUROPEAN UNION
Marioara Iordan (),
Mihaela-Nona Chilian () and
Mihai Regep Additional contact information Mihai Regep: Institute for Economic Forecasting, Romanian Academy, Bucharest
Abstract:
The authors select a group of 10 Eastern European transition economies and make a comparison for a list of indicators in order to reveal the characteristics of the household consumption. To make the comparison more systematic several methods are used, namely, the ranking method, the absolute gap method and the relative gap method. By aggregating the three methods the authors also obtain a final ranking.