Business Recession and its Influence on Consumer Buying Behaviour
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F12%3APU102329" target="_blank" >RIV/00216305:26510/12:PU102329 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Business Recession and its Influence on Consumer Buying Behaviour
Original language description
The paper is an economic study, finding an answer to the question, how business recession may influence consumer buying behaviour. The main objective of the study is the area of retail foodstuff in the Czech Republic and the price elasticity of demand. The fact that the economic recession impacted consumers purchasing power has consequences in the retail foodstuff, as decreasing food consumption and the structural changes in household consumption. Czech consumers are highly cost-oriented, so the preference of cheaper and lower quality products is increasing. Sensitivity of the changes in the groceries purchasing quantity in dependence on their prices is reflected in demand price elasticity (further only DPE). Despite the fact that the food-processing industry is generally considered to be a cyclically neutral, which means that the stadium of business cycle does not affect the demand for products of the industry, it is possible to prove considerable differences in DPE of various commodi
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Innovation Vision 2020
ISBN
978-0-9821489-8-3
ISSN
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e-ISSN
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Number of pages
14
Pages from-to
448-461
Publisher name
IBIMA Publishing
Place of publication
Barcelona
Event location
Barcelona
Event date
Nov 12, 2012
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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