ANALYSIS OF CONSUMPTION EXPENDITURE IN ROMANIA, PERIOD 2009-2015

Baldan Florentina Cristina, Ungureanu Emilia and Burcea Felix-Constantin
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Baldan Florentina Cristina: FACULTY OF ECONOMIC SCIENCE AND LAW, PITESTI UNIVERSITY, ROMANIA
Ungureanu Emilia: FACULTY OF ECONOMIC SCIENCE AND LAW, PITESTI UNIVERSITY, ROMANIA
Burcea Felix-Constantin: FINANCE LEAD, IBM, SLOVAKIA

Annals - Economy Series, 2017, vol. 3, 101-108

Abstract: The paper „Analysis of consumption expenditure in Romania, period 2009-2015” is highlighting a very important phenomenon for the Romanian economy, consumption. The financial and economic crisis determined a change in the income repartition for the basic products and services. The most influent stimulus at which the Romanian consumers are deciding a product acquisition is the price, therefore they were migrating to product segments with low prices, the quality of life being on a decreasing trend. The level of alimentary products consumption depends in a big extent on the macroeconomic policies, that through numerous leverages is influencing the population consumption behavior. From these leverages we may document the income policy, loan policy, monetary and exchange rate policies, social assistance policy, etc.

Keywords: consumption behavior; consumption expenses; alimentary consumption; non-alimentary consumption; services consumption (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2017:v:3:p:101-108

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